The FinTech Hub
Source: Live Mint Taking a personal loan is simple these days. All you need is eKYC and the ability to repay. But what works behind the psychology of taking loan? Ideally there should be a strong need for it but the guilt of raising loan should be minimal. To put it simply, when you raise…
Source: Live Mint If you are a borrower seeking an instant personal loan of up to ₹5 lakh then due to the technological advancements you can now enjoy faster and seamless approvals. Still, these approvals are subject to you providing the essential documents and meeting the basic eligibility criteria as laid down by the lending…
Source: Live Mint Personal loans are a reliable finance option for those unexpected costs & if you are unfamiliar with the key differences between a pre-approved personal loan and a regular personal loan, it may be difficult to make an informed decision. Our comprehensive guide will allow you to determine which type of loan is…
Source: Live Mint Gone are the ways when securing a personal loan used to be a long-drawn process of sending an application along with a barrage of documents and then waiting for a long time to get an approval. Thanks to a host of fintech apps, securing personal loans is just a tap away. All…
Source: Live Mint Securing a personal loan is not too difficult any more with plenty of options to go around. From salaried persons to self-employed, anyone can take a loan for reasons as varied as wedding to home renovation, among others. But what if someone is a freelancer? Are they eligible to procure a personal…
Source: Live Mint Taking a personal loan is not difficult anymore with plenty of options to go around. One can easily borrow loan from a bank, an NBFC or even a fintech platform. But one should be careful about raising a loan since it carries a high rate of interest. Therefore, one should rather save…
Source: Live Mint If you are planning to raise a personal loan and happen to have a poor credit score, the chances are that your loan application will be declined. Even if it is approved, the interest rate would, invariably, be relatively higher. Typically, banks check a borrower’s credit score before taking a decision over…
Source: Live Mint Are you someone facing high monthly instalments? To combat such a situation, borrowers with active personal loans can take several sensible and strategic steps to lower EMIs, resulting in improving their finances and improving their budgeting flexibility. Elucidating on the same, Yashoraj Tyagi, CEO, CASHe, says“To reduce EMIs on ongoing personal loans,…
Source: Live Mint While a reduction in the repo rate was anticipated in the latest Monetary Policy Committee (MPC) meeting, the 50 basis point cut came as a surprise. From February 2023 to February 2025, the repo rate remained unchanged at 6.5%. Since then, the Reserve Bank of India (RBI) has reduced the rate by…
Source: Live Mint Personal loans have now moved beyond covering urgent needs and aspirations of borrowers. They are now increasingly used for emotional and discretionary purchases, financing holidays, gadgets or celebratory events such as anniversaries, birthdays among other life events. This trend underlines a clear shift in how credit interplays with instant gratification and emotion…
