The Importance of Budgeting for Salaried Individuals

The Importance of Budgeting for Salaried Individuals

Introduction Everything costs money. This means you start spending, right from the moment you start earning. Loan Singh is a digital lending platform that offers personal loans to salaried individuals, & some of these borrowers also default on their EMI repayment. So what good is your income, if you cannot fulfill your credit obligations? SeeingRead more about The Importance of Budgeting for Salaried Individuals[…]

Loan Singh Explains – Who is a bank loan guarantor?

Loan Singh Explains – Who is a bank loan guarantor?

Introduction If a close friend requests you to become his/her loan guarantor, will you say “yes”? Some will take a decision after assessing whether that friend is capable of making prompt repayments, or not. Some will reject it outright – not wanting to be part of someone else’s credit responsibilities. Becoming a guarantor for aRead more about Loan Singh Explains – Who is a bank loan guarantor?[…]

3 Things Every Salaried Individual Should Know About Income Tax Returns

3 Things Every Salaried Individual Should Know About Income Tax Returns

Introduction Even if 31st March seems weeks away, every promotional medium (such as radio, TV, social media and print) showcases jingles to educate and remind us of our income tax obligations. For salaried individuals, who have done it before, filing of Income Tax Return (or ITR) is not a new thing. For first time filers,Read more about 3 Things Every Salaried Individual Should Know About Income Tax Returns[…]

Loan Singh Explains: The Importance of Credit Card Safety

Loan Singh Explains: The Importance of Credit Card Safety

Introduction Let’s face it, we often take safety for granted. We feel it is okay to not wear a seat belt while driving, okay to just run across the road during traffic, ignore financial safety by defaulting on your personal loan EMIs, and more. Being a digital lending platform, majority of Loan Singh’s borrowers areRead more about Loan Singh Explains: The Importance of Credit Card Safety[…]

Loan Singh Explains – The Purpose of Virtual Credit Cards

Loan Singh Explains – The Purpose of Virtual Credit Cards

Prelude We at Loan Singh, are not just helping our under-served customers to avail loans, are also an aide to keep our customers abreast with the latest relevant technological advancements in the financial world.  With this article, we expect to help our customers understand the basics of Virtual Credit Cards.   Introduction We all loveRead more about Loan Singh Explains – The Purpose of Virtual Credit Cards[…]

5 Things to Remember When Availing an Online Personal Loan

5 Things to Remember When Availing an Online Personal Loan

Introduction With the term ‘cashless’ taking center stage in India’s financial circles, since December 2016’s Demonetization, the spillover effect can be seen on personal finance in the form of ‘Online Personal Loan’, as well. What is an Online Personal Loan? It is a financial transaction in which a financial institution agrees to provide a personalRead more about 5 Things to Remember When Availing an Online Personal Loan[…]

Introducing Loan Singh – The Face of Digital Lending In India

Introducing Loan Singh – The Face of Digital Lending In India

Introduction Digital lending in India is not in a nascent stage, as believed. With the shrinking gap between technology and traditional lending practices, the financial services industry is only going to profit from it. The access to data is now much easier as compared to before thanks to the advent of e-KYC, NACH and InternetRead more about Introducing Loan Singh – The Face of Digital Lending In India[…]

Loan Singh Explains – A Beginner’s Guide to Credit Cards

Loan Singh Explains – A Beginner’s Guide to Credit Cards

Introduction Being a digital lending platform, we are compelled to write more and more about Credit Cards. This is because majority of our borrowers, who have availed a personal loan from Loan Singh, are credit card holders. So, ensuring that you manage both, i.e. your credit card and personal loan, is crucial to a debt-freeRead more about Loan Singh Explains – A Beginner’s Guide to Credit Cards[…]

6 Discreet Ways Credit Cards Ruin Your CIBIL Score

6 Discreet Ways Credit Cards Ruin Your CIBIL Score

Introduction We have written at length about the purpose and benefits of making your loan EMI repayments on-time. We plead, and then admonish, borrowers who take their loan responsibilities lightly. Although we are focused on providing you a personal loan without any hassles or worry, we are still concerned about your credit score. There isRead more about 6 Discreet Ways Credit Cards Ruin Your CIBIL Score[…]

Top 6 Reasons for Your Personal Loan Application to Be Rejected

Top 6 Reasons for Your Personal Loan Application to Be Rejected

Introduction We all have faced rejections plenty of times in life. It could be your college application rejection or working visa being rejected or banks rejecting your personal loan application due to no credit history. A digital lending platform, such as Loan Singh, although tries to check and re-check the borrower worthiness for a personalRead more about Top 6 Reasons for Your Personal Loan Application to Be Rejected[…]