Every small inaccuracy in your credit report can quietly bring down your credit score. Thus lowering your chances of securing a personal loan or credit card. Now it is a …
personal loan
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Finance
Should you take a personal loan to invest? Pros, cons, and expert advice
by AutoTrendlyby AutoTrendlyIt may be appealing to take out a personal loan to invest in real estate, stocks or even other types of mutual funds. However, there are several risks associated with …
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Finance
Does taking a small personal loan help build credit score? An explainer
by AutoTrendlyby AutoTrendlyIf your credit score is low and you want to improve it, one of the most effective ways is to start small and build it over a long period of …
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Finance
THESE are alternatives to personal loan for those without a credit score. Check list
by AutoTrendlyby AutoTrendlyVMPL/ANI: If you have never taken a loan or owned a credit card, there’s a good chance you don’t have a credit score yet. But that doesn’t mean that you …
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With the rapid rise of digital lending across the nation, thousands of aspirational borrowers are turning towards personal loan applications for instant access to funds. This is done primarily to …
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Finance
Credit score no longer a barrier? ULI aims to simplify and speed up lending
by AutoTrendlyby AutoTrendlyIn a major shift that could result in transforming the country’s credit ecosystem, the Ministry of Finance is gearing up to roll out the Unified Lending Interface (ULI). This will …
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Finance
4 smart credit habits every fresher should adopt to build a strong credit score
by AutoTrendlyby AutoTrendlyAre you a fresher who has just started their professional journey? If yes, you must develop good credit habits to build a good credit profile. A good credit score and …
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Finance
Relief for borrowers as RBI’s guidelines on loan prepayment to come into force from January 1
by AutoTrendlyby AutoTrendlyThe Reserve Bank of India (RBI) has released a set of guidelines with regards to levy of prepayment charges in case of loans sanctioned to MSEs, something that tends to …
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Finance
Fraudster used loan lending app to extort money — Here’s how you can stay safe
by AutoTrendlyby AutoTrendlyOne cybercriminal was arrested in Pune for targeting hundreds of individuals who had taken small loans through various mobile applications, Indian Express reported. The case unfolded like this: An individual …
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Finance
Loan closed but credit score not updated? Here’s what to do next
by AutoTrendlyby AutoTrendlyAn essential milestone in your financial journey is loan closure. It decreases debt, and improves cash-flow, and suggests you have borrowed responsibly. However, if the loan still appears to be …