Facing a loan rejection can be discouraging, but it’s a chance to improve your financial profile. Once improvements are made, reapply with confidence or consult a financial advisor for guidance.
Credit score plays a major role in securing a personal loan in India. It impacts both your approval chances as well as the interest rates applicable. Learn how to improve your credit score and boost your chances of getting a good personal loan in this article.
Garbage was dumped in front of four banks, namely, the State Bank of India, the Corporation Bank, the Andhra Bank, and the Syndicate Bank.
Lenders prefer customers with stable or predictable cashflows
A credit score below 750 means your chance to get a loan stands reduced. Here is how you can improve your credit score, also known as CIBIL score.
Harshala Chandorkar elaborates how bankers and other lenders evaluate one's loan application. She elaborates on how they rely on credit information reports to sanction loans.