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Showing posts from April, 2022

HOW TECHNOLOGY HAS CHANGED THE WAY TO APPLY FOR LOAN?

The advancement in web technology has been a boon for the financial market and its service system. The digitalization has enabled lending institutions to expand their availability and offer greater access to different financial tools. To illustrate, in previous times getting a loan considered to be mammoth task and even meeting an eligibility criteria was a heavy legwork. Now, with technological advancements it is an easy task to " Apply For Loan " . In this blog post, we will have a look on the ways that has changed due to digitalization: Comparing the lenders has become easier: As compared to earlier days, applying for loan has become easier. The expansion of NBFCs in financial sector has resulted in offering wide range of loan products and flooding borrowers. With internet, one can compare the different lenders and choose a specific lender that offers competitive interest rate, maximum loan size and flexible repayment structure. Online loan application: Those days are go

WHY LOANS FROM SHUBHBANK ARE FAST, FRIENDLY AND FLEXIBLE?

Loans are the financial solutions and upgraded version of the traditional debts extended by financial or lending institutions. Nowadays, loans have become easily accessible and repayable which used to be rare in previous times. The loans from the ShubhBank are tailored in such a way that they can be easily accesses and repaid in easy installments. These financial remedies help you to meet any financial crunch arising in your day to day life. Moreover, our organization strives to offer a seamless loan application process so that funds get disbursed to the borrowers when they actually need it. In addition to that, loans from ShubhBank are fast, friendly and flexible. If you want to know more about the loans then we have mentioned some of the reasons below what makes you to " Apply For Loan " from us and why our loan solutions are so desirable? Fast: For instance, if you are in your early 30s, you plan a leisure trip with family in vacations. When you plan an adventure and you

WHAT ARE THE LESSER KNOWN FACTS BEHIND LOAN REJECTION?

When a lender considers your loan case weak then your loan gets rejected. Therefore, it is good to know prior about the factors that can make your loan application wean and can eventually be a reason for rejection. Before you " Apply For Loan " you may think from the lender’s perspective to understand the possible reasons behind disapproval. These factors are based upon some experiences such as how you could repay your loan money with ease, what if your relocate without informing the lender or how trustworthy you are to repay the EMIs? So, these are some concerning factors a lender look in loan applicant to clear the EMIs regularly. In this blog post, we have discussed some of the lesser known factors that could be the key reason behind the rejection of loan. Credit Score: It is one of the major key factors which could be responsible for a loan rejection. A credit report records behavior of all the borrowers in terms of scores and makes it available to the lender whenever r

HOW CAN YOU MANAGE YOUR LOAN DEBTS EASILY?

In recent times, Indian economy has witnesses a significant change in aspect of credit opportunities which has resulted into a change in patterns of consumption as well as the way individuals view credit. As per reports, country’s economy is watching a significant increase with approximately 20 million people who " Apply For Loan " every month. However, credit can provide you the potential to deal with your financial crisis but it can also let you enter in cycle of debt trap.  In this article, we have come up with some simple steps that can help you to manage your loans easily and smartly: Prioritize the debt: The key to getting rid of debt is to paying it off smartly. Arrange your loan depending upon the interest rate ranging from highest to lowest and stick to it in a strict manner. Paying off the high interest loans will help you to reduce your loan cost and debt burden. However paying off your expensive loans can shed off your burden but do not miss out the repayments of