News Muncher - category lenders

4 days, 7 hours ago

FCA extends car finance complaints deadline as lenders scramble

The City watchdog has extended the deadline for motor finance lenders to respond to complaints regarding historic commissions on car loans. The Financial Conduct Authority has granted motor finance companies until 4 December 2025 to offer a final response to non-DCA complaints, just as it has done with complaints concerning DCAs. Extension: The FCA has granted motor finance companies until …

Finance Complaints Fca Motor

4 days, 9 hours ago

Who Can Apply For A Rs 10,000 Instant Loan - Eligibility And Requirements

ABP News

A ₹10,000 instant loan can be a quick and effective solution when faced with an urgent financial need. Employment Status Salaried individuals working in private or government organisations are eligible to apply Self-employed individuals such as business owners, freelancers, or gig workers are also eligible, though lenders may have stricter requirements for self-employed borrowers 3. Credit Score A minimum credit …

Personal Eligibility Loan Income Credit Score Apply Lenders

4 days, 17 hours ago

Can you get a personal loan with low credit score? Check details

India Today

Getting a personal loan with a low credit score might seem challenging, but it’s not impossible. HERE ARE SOME TIPS FOR OBTAINING A PERSONAL LOAN WITH A LOW CREDIT SCORE Bring in a guarantor or co-applicant Personal loans are unsecured, meaning no collateral is required. If your credit score is below the lender’s threshold, consider involving a guarantor or co-applicant …

Credit Personal Loan Income Score Low Your Credit Score Dti

5 days, 6 hours ago

5 Tips to Get the Best Deal on Your Personal Loan

Deccan Chronicle

Selecting the best Personal Loan option with affordable rates, nominal charges, and favourable terms helps you rein in the borrowing costs and repay your EMIs with ease. Having a credit score of 750 and above increases your chances of getting quick Personal Loan approval at lower interest rates and better terms. Negotiate With the Lender Once you have checked the …

Personal Credit Loan Personal Loan Interest Score Rates

6 days, 17 hours ago

Opinion: The Consumer Financial Protection Bureau has irked billionaires, but it serves the public well

LA Times

The billionaire Elon Musk and the California venture capitalist Marc Andreessen have started a debate about the role of government that we should be having — but it might not go the way they would hope. Tech moguls might hold a grudge when justice is done, but the 118,101 LendUp customers who received more than $40 million of their money …

Consumer Musk Financial Protection Bureau Payday Lenders Consumer Financial Protection Bureau Andreessen

1 week ago

Disbursement Of Non Fund-Based Facilities Cannot Be Refused By Lenders When Resolution Plan Contains Clause For Disbursement: NCLAT

Live Law

The NCLAT New Delhi bench of Justice Ashok Bhushan, Barun Mitra and Arun Baroka has held that Non Fund Based facilities cannot be refused to be disbursed when the approved Resolution Plan contains a clause for their disbursement. On the other hand, the respondents submitted that the submission of the Appellants that they do not have any obligation to issue/ …

Resolution Facilities Company Resolution Plan Tribunal Plan Approved

1 week, 4 days ago

PC Jeweller board approves issue of 5.17 cr shares to lenders for settling debt

Live Mint

New Delhi, Dec 12 PC Jeweller Ltd's board has approved issuance of over 5.17 crore equity shares to a consortium of lenders, including SBI, to settle part of its outstanding debt. In a regulatory filing on Wednesday, the company informed that the board has approved "issuance of 5,17,11,462 equity shares to the Consortium Lenders for settling part of their outstanding …

Ots Pc Jeweller

1 week, 4 days ago

Struggling with no job? Here’s how to get an instant personal loan

Live Mint

Personal loans are a great option if you want quick access to funds in order to cover your expenses for a while. However, instant personal loans offered to unemployed individuals may attract higher interest rates and low principal amounts because of the risk involved for the lenders. How to secure an instant personal loan when unemployed Choose the right lender: …

Personal Credit Loans Loan Personal Loan Interest Rates High

1 week, 4 days ago

Adani Group in early talks with investors, lenders to refinance $1.1 billion green energy arm loans

Live Mint

The Adani Group has initiated talks with a clutch of investors and banks to refinance $1.1 billion worth of loans of Adani Green Energy Ltd, two persons aware of the discussions said on condition of anonymity. “While the dollar market offers higher tenures, domestic institutions are also offering meaningful long tenures of 10-15 years for extending the refinancing facility," said …

Green Billion Group Refinance Refinancing Domestic Market Investors Lenders

Andhra fisherman dies by suicide as money lenders circulate wife’s morphed picture

India TV News

A fisherman in Andhra Pradesh died by suicide after loan recovery agents allegedly circulated a morphed picture of his wife after he failed to repay the loan amount, the police said on Wednesday. This ghastly decision was taken by the 21-year-old after learning that the unidentified loan recovery agents circulated the morphed picture of his wife. Police are yet to …

Pti Narendra Morphed

1 week, 4 days ago

Andhra fisherman ends life after loan app lenders circulate wife's morphed photo

India Today

A 21-year-old fisherman died by suicide after loan recovery agents allegedly circulated a morphed picture of his wife failing to repay a loan, said a police official on Wednesday. S Narendra, who married recently, ended his life on December 7 after learning that the unidentified loan recovery agents circulated the morphed picture of his wife. "It is not clear as …

Morphed Money Narendra

1 week, 6 days ago

Credit Score: How multiple loan inquiries impact your score and how to protect it

Live Mint

Credit score is a three digit score which is given to you by credit bureaus which acts as a reflection of your credit profile and your creditworthiness to your creditors. Multiple loan inquiries to different creditors can negatively affect credit score. Let us understand how multiple loan enquiries affect your credit score and discuss the ways through which you can …

Impact Loan Credit Score Credit Report Score Your Credit Score Hard

2 weeks ago

Jump in average fixed mortgage rates recorded in December, says Moneyfacts

The Independent

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

Mortgage Average Start Rate Rates Mortgage Rates Lenders

2 weeks ago

Personal loan for self-employed: What are the eligibility criteria, interest rates, and documents needed?

Live Mint

While availing a personal loan is typically a hassle-free process for salaried individuals given the regular nature of their income, self-employed persons have to go through the rigour of convincing the lender to get the same. Lenders require self-employed persons to have a minimum income, which can vary by location, and the necessary financial documents that show stability of income, …

Personal Loans Documents Income Monthly Emi Lenders Require

2 weeks ago

Changing jobs? Here’s how it can affect your personal loan eligibility

Live Mint

In today's fast-changing employment market, changing jobs very often opens up interesting new opportunities. Here are some tips on how to boost your chances of getting approved for a personal loan and how changing employment may affect your eligibility. Position and role: Senior positions like executive and managing jobs reflect career advancements and are more likely to gain more rapid …

Career Job Employment Personal Jobs Loan Income

2 weeks, 2 days ago

UPI enabled significant expansion of credit among underserved borrowers: Study

Live Mint

New Delhi, Dec 7 Unified Payments Interface has brought in a significant expansion of consumer credit among the underserved borrowers who had no credit history, a study said. By October 2023, 75 per cent of all retail digital payments in India were through UPI, according to a study titled Open Banking and Digital Payments: Implications for Credit Access. It has …

Credit Digital Upi Enabled Underserved Underserved Borrowers

2 weeks, 3 days ago

5 key tips to boost your chances of instant personal loan approval

Live Mint

Personal loans are one of the most convenient tools to access emergency funds. Source of income Most lenders would quickly approve instant personal loans for borrowers with stable incomes and steady employment. Different lenders may have a minimum monthly income limit to grant an instant personal loan. Good credit score One of the major criteria lenders look for when approving …

Personal Loan Income Credit Score Emi Instant Instant Personal Loans

2 weeks, 3 days ago

Asset reconstruction companies see spike in unsecured loan sales by lenders

Live Mint

Mumbai: Asset reconstruction companies are seeing a spike in the sale of bad debt in the unsecured retail loan portfolios of banks and non-banks, as stress rises in the microfinance and personal loan segments. Banks and non-bank lenders have been putting up more unsecured retail loans for sale to asset reconstruction companies over the past six months. Another challenge is …

Reconstruction Companies Loans Loan Rbi Banks Asset

2 weeks, 4 days ago

Good credit score: What are the different ranges and their meanings?

Live Mint

Your financial stability and income plays a major role in determining your credit score. Hence, a good credit score puts lenders at a lower risk after which they may offer lower interest rates and repayment periods. Credit score range Credit scores usually range between 300 and 900 and are grouped as; no score, poor, average, good, very good and excellent. …

Credit Loan Credit Score High Score Good Different Ranges

2 weeks, 4 days ago

Travel Loan: A complete guide to eligibility, documents, and interest rates

Live Mint

Planning a dream vacation, but are financial constraints delaying it? These short-term loans are given to salaried individuals, self-employed persons, including professionals, and business persons, depending on their income levels. Salaried individuals and self-employed professionals with at least two years of experience are eligible for the loan. The minimum income requirement varies with each lender but you must earn at …

Business Travel Loans Loan Personal Loan Interest Rates Interest

2 weeks, 6 days ago

How can a high or low credit score affect your personal loan interest rate? Check here

Live Mint

From home improvements to surprise medical costs, personal loans are great for a majority of uses. The impact of credit score on personal loan interest rates 1. Determining interest rates: Your credit score will directly decide about interest rates offered to you, wherein good scores usually get eligible for more competitive rates reducing your cost of borrowing. Speed of loan …

Personal Credit Loan Interest Rates Interest Credit Score High

2 weeks, 6 days ago

Personal Loan: 6 crucial things you need to know before borrowing

Live Mint

If you are planning to take a personal loan, it is important that you keep a few aspects in mind before you start with your application process. 6 key factors to consider before applying for a personal loan Understand your credit report: Credit score plays a major role in the personal loan approval process. Beware of misleading offers: Many lenders …

Personal Credit Personal Loans Loans Loan Personal Loan Score

2 weeks, 6 days ago

Credit score vs credit report: Know the major difference between financial terms

Live Mint

Credit reports and scores are vital determinants in the contemporary financial world as they determine our prospects. Credit reports include all about a person's credit life history, it tells their credit use, pay status history, different types of credit as well as any open-for-public records showing financial actions. Many lenders also consider credit scores from multiple bureaus and often use …

History Information Credit Credit Score Credit Report Report Score

3 weeks ago

Credit Score: How is it calculated and what factors influence it?

Live Mint

A credit score is a three-digit number that helps lenders assess your eligibility for loans or credit cards. Let us have a look: Factors affecting credit score calculation Payment history: Your payment record is the record of loans and credit accounts like credit card, personal loans, home loans and others. Different types of credits like home loan, personal loan as …

Credit Loans Loan Credit Score Credit Cards Payment Score

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Articles for Lenders

FCA extends car finance complaints deadline as lenders scramble

Who Can Apply For A Rs 10,000 Instant Loan - Eligibility And Requirements

Can you get a personal loan with low credit score? Check details

5 Tips to Get the Best Deal on Your Personal Loan

Opinion: The Consumer Financial Protection Bureau has irked billionaires, but it serves the public well

Disbursement Of Non Fund-Based Facilities Cannot Be Refused By Lenders When Resolution Plan Contains Clause For Disbursement: NCLAT

PC Jeweller board approves issue of 5.17 cr shares to lenders for settling debt

Struggling with no job? Here’s how to get an instant personal loan

Adani Group in early talks with investors, lenders to refinance $1.1 billion green energy arm loans

Andhra fisherman dies by suicide as money lenders circulate wife’s morphed picture

Andhra fisherman ends life after loan app lenders circulate wife's morphed photo

Credit Score: How multiple loan inquiries impact your score and how to protect it

Jump in average fixed mortgage rates recorded in December, says Moneyfacts

Personal loan for self-employed: What are the eligibility criteria, interest rates, and documents needed?

Changing jobs? Here’s how it can affect your personal loan eligibility

UPI enabled significant expansion of credit among underserved borrowers: Study

5 key tips to boost your chances of instant personal loan approval

Asset reconstruction companies see spike in unsecured loan sales by lenders

Good credit score: What are the different ranges and their meanings?

Travel Loan: A complete guide to eligibility, documents, and interest rates

How can a high or low credit score affect your personal loan interest rate? Check here

Personal Loan: 6 crucial things you need to know before borrowing

Credit score vs credit report: Know the major difference between financial terms

Credit Score: How is it calculated and what factors influence it?