Posts Tagged “Check”

How lenders check creditworthiness before approving personal loans

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How lenders check creditworthiness before approving personal loans

When you apply for a personal loan, your credit report is often studied by the lender to assess your creditworthiness and understand how good you’ve been at managing credit in the past. Many financial technology companies currently active in the market employ risk-assessment algorithms to check the eligibility of applicants speedily and accurately. Perhaps the…

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Surprise RBI Repo Rate Cut 2019: Home Loan, Car Loan, Personal Loan EMIs to cost less – Check how you will benefit

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Surprise RBI Repo Rate Cut 2019: Home Loan, Car Loan, Personal Loan EMIs to cost less – Check how you will benefit

RBI Repo Rate Cut: After months of maintaining status quo over the key lending rate, the RBI today finally announced a Repo Rate Cut by 0.25%. The central bank had maintained the status quo in the last two Monetary Policy Committee meetings. The repo rate cut comes on the back several bonanzas announced for taxpayers in…

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