Flexible Credit: Why Alternate Loans are Becoming More Popular than Credit Cards
On top of the customer benefits, rewards, and user privileges, they give professionals the financial freedom to perform an array of transactions without fretting too much about their bank balance. This is precisely how people find themselves within the firm grasp of the debt trap. The borrower ends up paying the minimum due payment, which essentially is the interest rate at an inequitable 40 percent per annum.
These Fintech platforms facilitate hassle-free borrowing
LoanTap is a fintech consumer lending platform delivering flexible Equated monthly installments (EMI) free loan products to salaried professionals. The platform uses technology to deliver smart and innovative products for millennials.
Fintech platforms to consider for hassle-free borrowing
Financial technology platforms these days are helping to fill the credit gap in the economy. Different types of digital lending models are processing loan applications based on information such as psychometric analysis, social profiles, credit score, and have gained great traction and faith from borrowers.
Fintech platforms to consider for hassle-free borrowing
From companies like LoanTap, borrowers can choose custom made loan products from an array of offerings like overdraft facility, credit card takeover loans, rental security deposit loans, advance salary loans and consumer durable loans. Different types of digital lending models are processing loan applications based on information such as psychometric analysis, social profiles, credit score, and have gained great traction and faith from borrowers.
These Fintech platforms facilitate hassle-free borrowing
Borrowers can choose custom made loan products from an array of offerings like overdraft facility, credit card takeover loans, rental security deposit loans, advance salary loans and consumer durable loans.
Are all debts necessarily bad? Find out when debts can be good also
The Chinese philosophy of Yin and Yang mandates that everything has a tangible duality. In this universe of dualism, Yin corresponds to the negative or passive aspects, and Yang, the active or the positive. The philosophy finds its widespread application in the day-to-day life processes since Yin and Yang are considered symmetric and opposite in nature. More like two sides of a coin, the good and the bad, the light and the dark, as well as favourable and adverse.
Credit card balance transfers to personal loans are easy today
Online lending platform, Loantap.in, which provides retail loans for salaried customers used to receive about one or two inquiries for personal loans in three to four months. Over the last one to two years, the number of inquiries for personal loans has increased to about 15 in three to four months.
