Instant Personal Loan Guide apk content rating is Everyone and can be downloaded and installed on android devices supporting 16 api and above.
"Instant Personal Loan Guide
💲 Download this app completely free, you can see the best apps to have fast money from the apps for whatever you need, whether it is expenses, unforeseen expenses, paying debts, buying a car or whatever you need.
🎁 In an easy way you can get fast loans without collateral, fast credits and mini-credits from the apps that you can download from inside the app. In addition, we offer the best mini-credit comparator for you to choose the best for you.
Although it varies from bank to bank, the general criteria include your age, occupation, income, capacity to repay the loan and place of residence.
To avail of a personal loan, you must have a regular income source, whether you are a salaried individual, self-employed business person or a professional. An individual's eligibility is also affected by the company he is employed with, his credit history, etc.
Maximum loan duration It can be 1 to 5 years or 12 to 60 months. Shorter or longer tenures may be allowed on a case by case basis, but it is rare.
Know the Total Cost of Your Loan:
Before applying for a loan, it is very important to know about all the expenses involved in the process.
Processing Fee: Completely based on the principal borrowed, the processing fee keeps on varying and can range between 1- 3% of the total loan amount.
Loan Prepayment/Foreclosure charges: If you pay your loan either partially or fully before the due date, you might have to pay a hefty fee for that too.
Payment penalties: If you are not able to pay the EMI on time, you will again have to pay penalty."