When you apply for a loan from a bank or NBFC, they try to judge your ability to repay the loan. This judgment depends on various factors, deciding your creditworthiness. Some of those factors include borrower’s age, income, career stability,… Continue Reading →
Millennial are the people born between 1981 and 1996. This is the generation which saw the world usher into modern digital age. They are the eye-witness to the birth of personal computers, internet, mobile phones, and smartphones. All these give… Continue Reading →
The rate of inflation has touched double-digit figure in the recent time where the price of everything is increasing and the value of purchasing is decreasing money wise. There has also been an enhancement in the lifestyle of the people,… Continue Reading →
Availability of online loans through different banks and DSAs have brought a huge change in the lending and borrowing process of banking. The borrowing process has become so easy that it takes only a few minutes to get money credited… Continue Reading →
Basically a loan guarantor is someone who is legally liable to pay off the loan or the outstanding loan amount, in case if the primary applicant is unable to repay it. A guarantor can be anyone from your family, friends… Continue Reading →
All you need to know about what happens when a borrower fails to repay a loan.