You’ve probably seen ads promising free credit score checks. But is it really free? Or will you end up signing up for a trial you didn’t need?
Your credit score affects how easy the process will be for you to get a personal loan to fund a family emergency.
Today, almost every Indian relies on mobile wallets for everything. They’re instant, contactless, and widely recognised. In fact, UPI alone is accepted by over 65 million merchants in India.
A teacher from Haryana applied for a personal loan in July 2025 for her son's wedding. He was enticed by a quick loan of ₹10 lakhs, which was offered despite a low credit score and the lack of verification documents.
Have you ever planned a home makeover just before Diwali? Or maybe consider buying a cool gadget during an Independence Day sale?
Festive seasons in India are big events. They carry a lot of meaning, emotion, and big expenses. And when that happens, borrowing rises too.
Your credit score isn’t built on one factor alone. Among repayment history and loan amounts, there’s another piece that matters: your credit mix.
Suppose you’re buying a new laptop online or booking tickets for a family holiday. Just as you are about to pay, a button pops up: “Buy Now, Pay Later” or “Get an instant loan with easy EMIs.” In that moment, the purchase feels far less overwhelming.
Loyal customers expect more. They want recognition, perks, and trust. And honestly, they do deserve it.
Given this baseline expectation, it’s no surprise that loyalty programs are booming in India. Retail, telecom, and e-commerce have nearly perfected the art of rewarding loyalty. Seeing this, even financial institutions are entering the fray.
Medical bills are due today. A car breaks down before payday. Rent top-ups when a client pays late. Money emergencies arrive suddenly, and choosing the right credit tool under pressure is hard.
Personal loans or overdrafts (OD) are two common options in such situations. Both provide quick access to cash, but have different underlying mechanisms. This guide breaks down those differences, shows when each option shines, and helps you decide before the crunch moment.
Side hustlers may see orders flowing in for a week, while the next could bring them an emergency like a laptop repair, inventory maintenance, or late client payment.