8 Personal Finance Management Tips To Ensure Timely EMI Payments

8 Personal Finance Management Tips To Ensure Timely EMI Payments

Introduction Personal finance management refers to the efficient and effective management of your money or funds. The purpose of personal financial management is to plan, organize, direct and control your financial activities in such a way that you manage your income proactively rather than reactively. It allows you to accomplish monthly tasks such as regularRead more about 8 Personal Finance Management Tips To Ensure Timely EMI Payments[…]

Paperless Personal Loan! 3 Things You Should Know

Paperless Personal Loan! 3 Things You Should Know

  Introduction With the term ‘cashless’ taking center stage in India’s financial circles since December’s Demonetization, the spillover effect can be seen on personal finance in the form of paperless personal loans. But, what is a paperless personal loan? A paperless personal loan is a digital financial transaction in which one party (lender) agrees toRead more about Paperless Personal Loan! 3 Things You Should Know[…]

3 Saving Tips To Ensure You Don’t Miss A Personal Loan EMI

3 Saving Tips To Ensure You Don’t Miss A Personal Loan EMI

  Introduction With credit now easy to get in this millennial generation thanks to digital lending platforms, we really need to understand the purpose of saving money. This is because if are not saving each month, a financial emergency could leave you with no spare funds for your next EMI payment. Inability to pay theRead more about 3 Saving Tips To Ensure You Don’t Miss A Personal Loan EMI[…]

4 Advantages Digital Lending Offers Over Traditional Options Like Banks

4 Advantages Digital Lending Offers Over Traditional Options Like Banks

  Introduction Digital lending although existent in India for close to a decade now consists of money lending through online platforms or digital lending platform apps. Digital lending platforms rely exclusively on technology to perform credit evaluation and authentication. Digital lending provides a superb opportunity for underserved credit starved salaried professionals. Even in today’s times,Read more about 4 Advantages Digital Lending Offers Over Traditional Options Like Banks[…]

3 Reasons Why Personal Finance Is Important For Salaried Professionals

3 Reasons Why Personal Finance Is Important For Salaried Professionals

  Introduction Personal Finance is the consistent management and improvement of your personal funds over the years. In doing so, you need to keep in mind financial risks and future life events such as wedding, purchase of a car or home. You have to look at your preference for varied financial products such as bankRead more about 3 Reasons Why Personal Finance Is Important For Salaried Professionals[…]

4 Reasons Banks Reject Your Personal Loan Application

4 Reasons Banks Reject Your Personal Loan Application

  Introduction Personal loans are unsecured loans typically used to meet immediate financial needs. An unsecured loan does not require collateral or mortgage to avail of it either with banks or digital lending platforms.  Since no collateral is required, banks levy higher interest rates to mitigate risk of default. Being a good option for convenientRead more about 4 Reasons Banks Reject Your Personal Loan Application[…]

Money Management Roadblocks & 3 Ways You Can Avoid It

Money Management Roadblocks & 3 Ways You Can Avoid It

Introduction Money management is all about budgeting, saving, investing, spending and keeping track of all of these. It also includes tracking of banking activities like withdrawals you make, monthly statements of credit card bill etc. Money management shows us our spending patterns which helps us to gauge which are the expenses or purchases that doRead more about Money Management Roadblocks & 3 Ways You Can Avoid It[…]

5 Ways How You Can Maintain A Positive Credit History

5 Ways How You Can Maintain A Positive Credit History

Introduction Credit History, as it says is a history or record of your credit. Compiled from a number of sources such as banks, credit card companies, collection agencies and governments, it highlights how responsibly you repay your debts, credit card bills and any loan EMIs. The credit history consists of information such as number andRead more about 5 Ways How You Can Maintain A Positive Credit History[…]

3 Advantages vs. Disadvantages of Personal Loan

3 Advantages vs. Disadvantages of Personal Loan

  Introduction Personal loans are loans provided to salaried individuals for personal use. Lenders provide these loans without any security or collateral hence they are also called unsecured loans. Interest rates offered on these loans are usually high because of the absence of collateral. Lenders also charge a processing fee. Ideal for short term cashRead more about 3 Advantages vs. Disadvantages of Personal Loan[…]