Is a loan still getting reflected on your PAN card even after full repayment? Or you haven't applied for one, but it's still reflecting? This doesn't mean that you still have to make the payment, but it affects your credit score and future loan applications. Lenders might reject your loan or charge higher interest rates. To avoid this, you should regularly check your loan details on your PAN card. This helps you raise an issue in a timely manner and avoid fraud and errors. Let's find out how you can check loan details on your PAN card and the steps to keep the details updated.
Quick Loan and Express Loan sound the same, right? Many people even use them interchangeably when talking about fast money solutions. But the only thing identical between the two is that they offer swift access to funds. In reality, they differ in how fast they work, the loan amount, and the overall process. We break down what each term really means. So, hang tight as we go from quick loan definition to differences between quick loan and express loan to when to choose what.
Trying to understand your credit report? Start with this question - What is a credit tradeline? Each loan or credit application creates a tradeline on your credit report, which ultimately affects your loan eligibility and creditworthiness.
A recent survey shows that 67% of Indians have taken a personal loan for their financial requirements. However, many people are still unaware of the factors affecting personal loan interest rates. Getting a personal loan is easy today, but understanding why your interest rate is higher (or lower) than someone else’s isn’t always obvious. From your credit score and job type to the Reserve Bank’s repo rate, several factors quietly shape the rate you get. Let's lay them out in simple terms, so you can borrow more intelligently and perhaps even save yourself a few thousand rupees in interest along the way.