SimplyCash
Which is better, a personal loan or a home renovation loan in India?
Mar 30, 20213 min read
Although personal loans are more popular and fetch high number of goals, but being unsecured in nature it incurs high interest rate. In India, there are many borrowers who assume there is a vast difference between a home renovation loan and personal loan. However, the fact is, a home renovation loan is also a type of personal loan that borrowers rely on for upgrading/changing the home décor.
SimplyCash
7 Factors that can influence the interest rate of your Personal loan
Mar 23, 20213 min read
Personal loan is an unsecured loan type available with a collateral-free feature. Hence, financial companies charge a higher rate of interest on personal loans to earn more profits in a shorter span of time. As personal loans do not demand any asset or property as a collateral so a fixed rate of interest is charged throughout the loan tenure.
SimplyCash
Business Ideas to Start with Small Personal Loans
Nov 25, 20205 min read
Collating a start-up business capital is difficult as who would want to invest in a small business. Local lenders might support a start-up but definitely at a high rate of interest. Now, a business where revenue is unpredictable, taking a loan with high interest is not a good idea.
SimplyCash
Factors that impact the Personal Loan Interest Rate
Nov 12, 20203 min read
Lifestyle and standard of living in urban cities have changed over the years. Most of the salaried individuals and start-up companies find it hard to survive & bear the expenses that come with improved living standards.
