Personal Loan Blogs

As the New Year starts, make sure you clean bowl all your debt. You may have used your credit cards in the last year more than you have ever used. Thanks to Pandemic for salary deductions and loss of a job, that has made your purchase possible through your credit cards. It is now time for you to finish off all the credit card debt and work on improving your credit score. Keeping debt through multiple credit cards can make your credit report negative and messy. It is important to finish off all the debt and work on a healthy financial report. How can you do that? Follow this guide to find a quick way to clean bowl all your credit card debt using a  personal loan .  1.       Consolidate all your credit card bills You must know how much you owe. How many credit cards do you have? What are the outstanding bill amounts? When you know all these, you can consolidate all the amounts together. If you are having multiple credit cards then you need to sit back an...

Credit card loan and personal loan, both are ways to acquire fund for purchase or meet emergencies instantly. An  instant personal loan  is an amount credited by the loan provider for a flexible period which is paid back in the form of EMI. A credit card loan is taken against a chip enabled card of a recognized bank where you can make a purchase defined under your credit limit.   A credit card loan comes with a credit limit and you cannot purchase beyond the limit. Which is better? That is completely your call, but you must take a look at the features and benefits each of them provides. Taking a decision after knowing the features will be easy for you.   Features of personal loan   End-use:  A Personal loan is flexible to use for anything starting from education to daily chores or any emergency. The fund is not restricted for just a single-use like the home loan or a business loan. Eligibility : A personal loan requires an eligibility check...

Personal loans are a risky deal and it is vital for lenders to scrutinize borrowers and their payback tendencies.If you have been keeping an excellent credit record by being a faithful payer,the ball is in your court.This will boost your chances as a borrower and qualify you for loan approval. Other than making regular payments and building your trustworthiness as a borrower, there are several other hurdles that you must cross in order to speed up your loan approval.A few tried-and-tested guidelines are laid out to make your personal loan application stand out. Do You Meet the Eligibility Criteria? Before heading towards a personal loan , go through the eligibility criterion that is required.Clix Capital has a minimum age requirement of 25 years and a maximum age requirement of 58 years.This, however, varies from lender to lender. In addition, NBFCs also have a different age requirement for salaried and self-employed professionals. In the same way, a few banks also have a minimum ...

We’ve come a long way since our country has entered the Unlock 1.0 phase. The economy seems to be improving but it might take a long time. Well, getting a loan can also be a need for some of you. But will it be worth stepping out when you can get easy access to loans from the comfort of your own home? What are the advantages of availing an online personal loan? No-contact loans The greatest advantage of an online personal loan is that they are no-contact loans. Just tap the app like Clix Capital and you need not go out and waste time. During the lockdown, many of you might be stuck in a place where you might not be able to find a bank or a financial institution. With an app, you can apply for a personal loan from any location. So stay home, stay safe and apply for a loan from your device. Can it get any simpler? Get loan instantly The number of trips required for loan approval and disbursement at banks can be tiring and frustrating. If you apply for an online loan from a NBFC a...