To do a balance transfer, you must check the transfer cost, outstanding loan amount, tenor, and difference in the interest rates.
Payday loans can turn out to be extremely expensive for you due to the high-interest rates and a lot of other hidden reasons. Instead, a personal overdraft is a better choice to make where a borrower can get credit on-the-go without any tedious formalities and paperwork.
Also known as credit card takeover loan, this can help you get rid of credit card debt.
Since financials information is digitally uploaded and can be shared with multiple banks and NBFCs by merely ticking an additional box, we end up applying for a loan with more than one institution.