A CIBIL Score of 700 or above is usually considered to be an ideal CIBIL score to get a loan. As you know that your CIBIL score is a three-digit representation of your creditworthiness. It usually ranges from a score of 300 to 900. So, if you...
Read MoreCredit Card Loans vs Personal Loans, which is better?
Before giving you an exact answer to this burning question of credit card loans vs personal loans, we would tell you separately about both the credit card loans and personal loans. Because you can not compare two things till you don’t have...
Read MoreWhat Happens if Someone Fails to Pay Personal Loan Dues?
You could face serious consequences if you don’t make personal loan payment. Non-payment of the loan can dent your credit record and put you in the mount of heavy debts. So if you don’t want to face such financial issues then you must pay your...
Read MoreHow do Lenders Charge Interest on a Personal loan?
The loan interest rate is the deciding factor while applying for a personal loan. As you know in personal loans users don't need to provide any assets. That's why lenders charge a higher interest rate on personal loans compared to loans backed by...
Read MoreCan I Apply For a Credit Card And Loan at the Same Time?
YES, YOU CAN APPLY FOR A CREDIT CARD AND A LOAN AT THE SAME TIME. You can apply for both the credit facilities at the same time. But the approval will most likely depend on your credit score. There are many credit information agencies such as...
Read MoreWhat does the CIBIL Score of 780 Mean to You?
A CIBIL score of 780 simply means a brilliant score for you. If you do not know what CIBIL score means then let us first decode it for you. A CIBIL score is basically a 3-digit mathematical representation of your creditworthiness. The score...
Read MoreIs Credit Score Mandatory for a Personal Loan in HDFC?
YES, a credit score is mandatory for a personal loan in HDFC. In fact, not only for HDFC Bank but the credit score is also mandatory for a personal loan from any other bank or a financial institution in India. Any lender will check your...
Read MoreWhat is Loan Eligibility and EMI Calculator?
For a smooth repayment journey, it is vital you get an idea of how much loan you are supposed to get. At the same time, it is vital to know the EMI you will pay to the lender. To your help, there are loan eligibility and EMI calculators available...
Read MoreWhich Bank’s Personal Loan is better, SBI or Axis Bank?
To grab a better personal loan deal, you must compare the loan offers of private and public sector banks. As you compare the offers, you’ll come across two giants - State Bank Of India and Axis Bank. So, if you want to take a personal loan from...
Read MoreMy CIBIL score is 557. Can I apply for a personal loan?
YES, you can apply for a personal loan with a CIBIL score of 557. But chances of getting the loan approval from the lender are reasonably low with such a poor CIBIL score. In order to get a personal loan, the ideal score is considered to be 700...
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