Wishfin Blog

The government has announced an interest cashback scheme for borrowers who availed of the moratorium, launched by the RBI for March 1 - August 31, 2020. Even those who did not take a moratorium will benefit from the cashback scheme. However, the...

Seeking relief on loan/credit card payments amid the financial problems caused by the COVID-19 pandemic? Here’s some good news for you! The government has rolled out an interest relief package - Ex-gratia Payment Scheme - for borrowers having...

Given the importance a good credit score holds to loan approvals, one may get surprised to know that home loans can be given to individuals who are new to credit or have a bad credit history. What makes lenders give a home loan to these applicants...

You must have been familiar with the concept of EMI that helps you to repay the amount via easy monthly installments over a fixed tenure. But when you hear the term ‘EMI’, you often associate with it a Loan or a Credit Card. What if we tell you...

When we think of a personal loan, the first thing that comes into our mind is that we don’t need any security to get the required money from a lender. Since a personal loan is an unsecured loan, you don’t need to pledge any collateral to get the...

The lack of credit awareness makes many go for a loan that does not help them much over time. Such loans may help meet their needs but pile on the cost for them in return. As a result, many go on to either default on loan payments or end up paying...

Getting an unsecured loan from any lender can be difficult for individuals having a poor credit score (considered a score below 650). Lenders also like to charge higher interest rates when such individuals want a loan. Such individuals, therefore,...

Yes, you can! Once your CIBIL Score goes past 750, a gold standard in credit scores, lenders will start offering you new loans based on your income and repayment potential. CIBIL assigns credit scores in the range of 300 to 900 in India. Scores...

When you make a transaction with your credit card, it provides you the option of paying this amount later within an interest-free period. But what if you want to make a big purchase with your credit card and have this feeling that you won’t be...

Given that a personal loan is a multi-purpose loan, it is no surprise to see massive online and offline applications for this loan these days. With attractive interest rates, seamless application procedure, instant approval and quick disbursal, the...