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In fact, 80% of loans sanctioned are to individuals with a credit score of 750 or above. With over 150 Mio individuals’ data on these bureaus, it accounts for almost 25% of India's working population (taking factor into account that 50% of population is below 25) and is a milestone achievement considering only 7 years of operations for these ...
Moneyview is an Indian fintech company, operated by Whizdm Innovations Pvt. Ltd., based in Bangalore. [1] Moneyview operates in digital lending and financial services. [ 2 ] Moneyview provides products like personal loans, a personal finance manager , credit score tracking, [ 3 ] and digital gold.
Short-term loans for consumers with low credit scores typically have high interest and/or fees that can make a bad situation worse if you're not careful. But a small number of lenders offer ...
In Nov 2015, SKS Microfinance Ltd has cut interest rates by one percentage point to 19.75% on the loans it offers to low-income women borrowers, making it the sole Indian microlender to offer loans at a rate below 20%.The move came after Reserve Bank of India (RBI) decided to double the borrower limit for microfinance loans for less than 24 months.
Personal loan: Personal loans can also be an alternative to short-term loans. The terms and rates you get vary depending on your credit, but they’re usually much better than most short-term loans.
Term loans can be either short or long term, depending on what you qualify for. Short-term loans tend to offer repayments of 24 months or less. The repayment schedule for term loans is typically ...
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