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HomeNewsBusinessPersonal FinanceApplying for a personal loan from a fintech lender? Here are five parameters to consider

Applying for a personal loan from a fintech lender? Here are five parameters to consider

Borrowers are applying for small-ticket personal loans to meet immediate financial needs, such as medical expenses, debt consolidation, home renovations, holidays, education costs, and the like. Before applying for a loan, it is important to evaluate the key fact statement and other parameters.

August 14, 2024 / 13:55 IST
Borrower needs to evaluate whether fintech lender is practising according to the Finance Industry Development Council (FIDC) guidelines, ensuring transparency, fairness, and responsibility.
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