Are you self-employed?
If you are self-employed, i am quite sure that you will be wondering if getting an unsecured personal loan is easy or not. There was a time in the past when lenders frowned upon the idea of giving away loan approval to people who worked from their home offices. But these are [...]
Well, how many of you knew that you can get a personal loan with bad credit? Assuming that you didn’t, you are reading this article. Even if you know how to get a personal loan with bad credit, spending few moments reading this article won’t do harm as you may get to know additional [...]
Read More... 1. Maintain steady employment
The best way to obtain a personal loan is to first lay the groundwork. This includes keeping a steady job, which will prove consistent income by way of check stubs and/or bank statements evidencing regular deposits. This serves as proof you are financially stable and capable of repaying the personal loan.
2. [...]
Personal loans are set to become costly. Many banks have hiked rates on home, auto, education and personal loans for existing borrowers by up to 75 basis points. The lenders have hiked interest rates consequent to the hike in repo and reverse repo rates by the Reserve Bank of India (RBI).
The RBI, in its [...]