Credit is a vital social instrument. It helps people build businesses, gets you through tough times and meets unforeseen expenses. A healthy level of lending spurs economic growth. In fact, most economic growth can be attributed to credit. Though there are multiple kinds of credit offered by banks and lending institutions for
Author Archives: Neha Aggarwal
Borrowing money from friends and relatives has been popular in our society for a long period. Most of us have borrowed money from our close friends and relatives at some point of time. Apparently, there is nothing wrong in it. We trust our near and dear ones. We all like
CIBIL score is an important parameter for evaluating Loan applications. If your CIBIL score is low, your loan application can be rejected by banks or NBFCs. Here, are some quick tips to increase your CIBIL score Avoid high utilization of credit limits Avoid high current balances Pay not just the
Personal loans for low CIBIL score Here, a story of Ajay with a low CIBIL score, looking for her daughter’s admission. Ajay was happy. His daughter had got shortlisted for admission to one of the best school in the town. He now required to pay an upfront payment of Rs. 1
Understanding credit score One person has one identity. Therefore, your name in all legal records has to be the same, else, there would be complete chaos. This is why your Aadhaar number is unique and remains the same always. However, in the world of banking and finance, credit score is
P2P lending investment – Minimum Risk, Maximum Returns Here is a simple question for you. From the following 3 investment choices, which one would you select? Minimum Risk, Minimum Return Maximum Risk, Maximum Return Minimum Risk, Maximum Return Your preference is obvious, option no. 3 – Minimum Risk, Maximum Return.