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Everyone needs financial assistance from time to time, and there’s no shame in searching out loan options to get it. However, there are many borrowing options out there, and you might be having trouble deciding between them. Borrowers typically use gold loans and personal loans for emergency cash infusions because of their quick loan disbursal and lack of restrictions on end-use loan proceeds. While they check for poor credit scores during the gold and personal loan applications, credit-worthiness is less of a factor here than with more high-profile loans.
When you need money at a shorter time, then both gold loan and the personal loan comes handy as both the financial facilities do not have any end usage restriction on loan proceeds which makes them the preferred option. However, you have to choose between the two, whichever suits your financial needs. Both financial products are preferred, but both of them have different interest rates, charges, and fees.
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Gold Loan : Gold has always been regarded as a safe haven for financially turbulent times. As a result, investors flock towards gold whenever the market is facing any upheaval as it offers them a safe avenue of investment. In addition to being a go-to investment option, gold also happens to be one of the most liquid forms of assets. You can easily sell-off the yellow metal and generate the required funds instantly for an emergency. However, we Indians have an emotional connection with our Gold Jewellery, and we would rather want to protect it at all costs.
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Should you get a Top-up Loan or a Fresh Loan? is the question many are asking today, in this Finance Buddha PPT we have explained the difference between Top-up Loan & Fresh Loan.
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MoneyTap is the first app to provide instant online credit in India. In association with multiple banks and NBFCs (Non-Banking Financial Companies), it offers unsecured, short-term credits to its customers directly on their phone or desktop, without a complicated documentation process. MoneyTap has a widespread presence in 40+ cities and provides small-medium cash loans at affordable interest rates and flexible EMIs.
mPokket is an Instant Personal Loan App that provides loans to college students and young working professionals. Borrowers can avail loans ranging from Rs. 500 to Rs. 20,000 and therefore the amount is shipped via instant credit to a checking account or Paytm wallet. The borrowing limit will keep increasing over time supported by multiple factors, including timely loan repayments.
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If you are refinancing the loan on your existing home, then the prequalification process should help you decide whether refinancing is a good idea for you.
personal loan vs. credit card, which of the two is better? The answer depends on a lot of factors including your eligibility for the loans, the amount your need, the EMI you can afford and so on.
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A instant personal loan can give you a financial boost in your tough times. Whether you are a salaried person or self-employed, at certain times you may confront financial crunches. To save yourself from unwanted and uninvited emergencies, nothing can be better than opting for a loan. Yes, a quick & easy personal loan at a reasonable interest rate could be the solution to all your monetary problems. Being a salaried employee, it can be easier to get the loan approved showing the income proof, but when it comes to a self-employed individual, people believe that it can be difficult to get a loan sanctioned. This is not the truth as a self-employed person can easily avail a loan from a trusted lender/bank after submitting the necessary documents and fulfilling all the formalities. Read on to know more about the process of applying for an instant personal loan.
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Are you in sudden need of funds? A Best Personal Loans is a great way to fulfill all your financial goals. It can be used to accomplish wedding expenses, medical treatments, travel expenses, home renovation, educational expenses, and many more. Having a good credit score and meeting all the loan eligibility criteria can help you to avail a personal loan quickly with lower interest rates. It’s always recommended to check and do proper research before you apply for a loan.
Kotak Mahindra Bank offers personal loans for customers with a minimum monthly salary of Rs.20,000 at attractive interest rates between 10.50% to 16.99% p.a. Based on their eligibility, customers can avail loans between Rs.50,000 and Rs.15 lakh and choose a tenure subject to a minimum of 1 year and a maximum of 5 years.
Home loan Eligiblity calculator- Enter you gross income, interest rate and tenure to check you loan amount and loan EMI with the loan eligiblity calculator
Education loans are easily available from many financial institution facilitating many students to pay for their higher education.Students can seek education loans for pay graduation, post-graduation and professional courses from government approved institutes. To Know More Visit : http://www.avanse.com/avanse-education-loans/
Education loans are easily available from many financial institution facilitating many students to pay for their higher education.Students can seek education loans for pay graduation, post-graduation and professional courses from government approved institutes. To Know More Visit : http://www.avanse.com/avanse-education-loans/
If you need to have new home loan or you need to refinance the current loan you need to have processing loan to do so. This loan processing is done by the loan originators, brokers, processors and other professionals.
Thinking about which loan option to choose between a business loan vs. personal loan? Here is everything you need to help you with your loan choice. For more information. visit at
Here is everything you need to know about what is a small business loan underwriting process and how it works for your small business. For more information, visit at
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MSME loan is a credit extended to MSMEs in Indore for the development of the MSME sector. It helps in promoting production, efficiency, and even marketing. The amount availed under this type of loan can be used for a number of purposes but only related to business.
Some short term personal loans can skip the credit check process, making them a faster and more easily available choice. Find out more about such loans here.
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Wage day payday advance is one of the most reputable loan lender in UK provides all kinds of loan services to a borrower as per their need. We have an incredible service of Payday Loan also known as short term loan that can be more effective for the people need money in emergencies.
Financial institutions today are burdened with paper-based loan processes that cause complexity in processing loans, increase workload, longer approval cycles, and reduced efficiencies. Modern Business needs simplified IT solutions that match compliance and new principles for lending and customer interaction.
Student loan is a kind of blessing for all students who want to make big in their career without the constant worry to arrange for financial sources. To make full use of student loans it’s important to know what all is involved in its processing to make it a hassle free process. Now Student loans come in two forms: Federal loans and Private loans. Both have different methods of applying which are explained below. As Bruce Mesnekoff , CEO of The Student Loan Help Center and Author of Many books had told us it’s good to know about student Loan processing.
If you still need this loan, you should contact your school's Financial Aid ... For loan certifications and withdraws, you will receive instant processing results. ...
Apply for an online 12 month installment loans, and if approved, get cash as soon as the next business day. http://www.12monthloansforbadcredit.com/12-month-payday-loans.html is a state-licensed, direct lender
apply for gold loan : The foremost objective of a loan is to give money to those people who want money. Then later, people return the money to the bank or lending companies. People want money for many reasons like for medical emergencies, study purpose, wedding purpose, etc. You can either go for a personal loan or apply for gold loan. You have to be careful before applying for any loan. The loan services are for the people and their betterment. So, every citizen should read about every loan terms. You must read about and compare every rate of interest before going to any bank and NBFCs. Some people might think that a gold loan is the best option, and you should apply for gold loan. A gold loan is a secured loan, and you bring your gold jewelry as a security to get money from the bank or NBFCs. You won’t get your gold back till you repay the money. The gold loan has its advantages than the personal loan.