Loans

While the initial pre-approved loan offer doesn’t require a hard pull, if you decide to apply for it, then the lender does a hard check on your credit report. 

Personal loans often come at a very high-interest rate, between 15 to 20%. This is where balance transfer can be a good idea. If you are paying high interest on a personal loan, a personal loan balance transfer can save some money for you. A balance transfer can also be used for other types of loans like home loans.

You can get an immediate loan by applying for an instant loan online. Immediate loans are offered numerous online loan portals, digital lenders, peer-to-peer lenders, NBFCs and banks. 

You can get a Rs. 50,000 loan by applying for an instant loan online. The process for applying for instant loans online is mostly the same across all portals. This can especially be helpful if you have no credit history or have a poor credit score. 

When a loan becomes an NPA, Non-Performing Asset, the bank has the right to confiscate the property or asset purchased through the loan. They can then auction the asset to pay against the loan outstanding. 

A loan will lower your credit score in the short term, but making on-time payments will restore it and help you improve your credit.

It is possible to get debt consolidation loans to pay off debt while having bad credit. This can help take off the financial burden and improve the repayment schedule.

Payday loans are also known as instant loans. These are short-term, unsecured loans available to salaried individuals and must be repaid once the borrower receives his/her paycheck. These are mostly unsecured loans as they do not require collateral.

Yes, An instalment loan and a payday loan can be borrowed at the same time as long as the borrower can manage his/her financials well. Instalment loans come in the form of credit-based loans.

To understand the differences between instalment loans and payday loans, let’s first understand the meaning and key characteristics of each

These days, there are a number of instant loan apps online that process your loan within minutes. You can borrow as low as Rs.1000 and up to Rs.10 lakhs from these apps. 

Instant Loans or Salary Day Loans are your best bet to get an Rs.1000 loan fast. 

There are different loan products available in the market and an individual can avail more than one loan product to meet their needs. For example, you can take a home loan to buy a home and at the same time get a car loan to buy a car. 

HDFC Bank loan overdue charges can now be easily paid from any of your bank accounts through BillDesk. All you have to do is visit the HDFC Bank website, log into your net banking account and follow three simple steps listed below to pay HDFC loan overdue charges. 

You can fulfill all your immediate cash needs using "Instant Loan’ which is a quick and easy loan option offered against your Axis Bank credit card. You can avail this offer without any documentation & the loan amount is directly disbursed to your Axis Bank’s Savings account.

ICICI Bank offers few types of loans on credit cards. You just have to go through a simple application process to apply for any of these loans on your ICICI Bank credit card.

A Loan against Credit Card is nothing but a pre-approved loan. It requires no documentation and processing and the loan amount is instantly disbursed into your account.

HDFC Bank provides Insta Loans to all HDFC Bank credit card users against their credit limit. Cardholders can avail Insta Loans depending on their eligibility, card type, card limit and credit profile. 

Yes, you can take out a loan on your credit card. This is a kind of personal loan. If you are using a credit card then you can apply for an instant loan against your card. When you apply for a personal loan generally then you will be required to produce related documents in support of your eligibility.

There is not much difference between the two terms when you just read it. However, there are key differences between both. 

The RBI announced a first of its kind, one-time restructuring benefit for both personal and corporate loans due to the Covid-19 pandemic that impacted millions of Indians financially. It's a great relief to borrowers as well as lenders since the restructuring process would happen without classifying these accounts as non-performing assets.