When you don't hear back on your loan application, it can be frustrating. Especially if you need quick access to funds.
Whether it's an unexpected rejection or endless delays, understanding why is often the only thing you need to solve your issues. 
The good news? Most of these issues have a straightforward fix. Let's run through common reasons your personal loan gets stuck, and how you can smooth the path to approval.
 

Let's face it, nobody likes the vulnerability of having to borrow money, even if it's from friends and family. Some may even find it a smidge embarrassing.
But if you can't have that vulnerability with your loved ones, how can you overcome a financial problem?
As tough as it sounds, we've all been there.
 

Your daughter’s college admission letter just arrived. You know you need funds quickly, but the sheer number of loan options confuses you.

Same target, two different paths!
A local loan agent has extensive knowledge of personal loans. An instant loan from a leading NBFC can quickly check your eligibility, offer instant approval, and promise disbursal in hours.
Both have the same motive: quick access to funds. Both aim to provide the required funds but differ in approach, speed, and charges. The key considerations are trust and security, and this is where several people get confused - whether to trust a loan agent or to apply online.
 

No matter how efficient you are in financial planning, emergencies always occur without warning, leaving you devastated and unprepared.