This alternative lending platform feels consumer lending is more than just a trend
Even though LoanTap has a slight exposure to SME finance, their core focus is on salaried customers. Explaining the company’s vision, Vikas Kumar, Co-founder & CTO, LoanTap, said, unlike a bank, which generally offers one vanilla product to salaried borrowers – term loan, LoanTap focuses on need and cash flow-based products.
Pre-approved loans on your fingertips: Should you go for credit line when in need?
Satyam Kumar, Co-founder and CEO of an online platform offering loan products, LoanTap said, “If one is unsure of the total amount that is required for his/her personal need, then it is advisable to apply for credit line also known as personal overdraft loans.
Should you increase your credit limit
Considering security aspect, I would prefer to have two three cards with lower limits or take an ovedraft facility in case of emergency, say Mr. Vikas Kumar, Co-Founder & CTO of LoanTap
The Tech in Fintech: Leading platforms that are online right now
The age-old traditional system was time taking for users with a lot of hassle and collateral involved. LoanTap is a fintech consumer lending platform delivering flexible EMI free loan products to salaried professionals.
The Tech in Fintech: Leading platforms that are online right now
LoanTap uses technology to deliver smart and innovative products for millennials. Borrowers can choose custom- made loan products from an array of offerings.
Ever heard of EMI free loans? LoanTap is here with unique options
LoanTap has been a pioneer of multiple innovative fintech offerings that include EMI-free loans, rental deposits, wedding loans, holiday loans, salary advance, and personal overdrafts.
Be prudent in taking, managing your personal loan
Managing personal finance is not an easy task. Despite prudent saving approach, one does find himself/herself in an emergency that needs additional financial support and ends up taking a personal loan. Credit card payments and EMIs have become a way of life
Cherry-pick the right loan product
Most of us wish we had more money than what we actually have. We may need funds for varied purposes like family functions, travel, purchase, home renovation and medical emergencies. Requirements differ, but borrowing has become a modern reality. It is also notable that financial circumstances of every individual differs.
Don't know how much you want to borrow? Try this
In the present day and age, loans have become an indispensable need for almost every individual. Some avail loans to buy a new property, some to purchase household accessories, while some use the extra credit to fund their dream vacation.
