Credit card news: Credit cards offered by banks often levy high interest charges and processing fees on EMI
Here are a few reasons which are driving digital lending platforms today to maximise this opportunity and invest in first-time borrowers
Lenders are investing heavily in acquiring customers via robust front-end solutions; however, this is not being matched with digitisation at backend.
The new payment aggregator rules being drawn up by RBI might be inconvenient to customers and RBI must find a midway between security and convenience
Payments for EMIs and insurance, fell to 27.35% by value in July, down from 30.27% in May and June, indicating that more payments were successful
Loan against property is available for longer tenures of up to 20 years and with speedy approval as property can get you flexible repayment options
Setting a budget always helps one to keep a check on their genuine financial wellness, and avoids a situation of a debt trap.
Secured personal loans are backed by collaterals such as a savings account, certificate of deposit or vehicle or fixed deposit
Many banks and online financial marketplaces offer pre-approved loans and credit cards to consumers based on credit score and credit history
UPI 2.0 gives a new horizon and expends financial benefits to the bottom of the pyramid