India's Largest Lending Platform | Fibe (formerly EarlySalary
Fibe (formerly EarlySalary): India's largest lending platform. One solution for all life’s big and small upgrades. Visit Now.
A loan guarantor is a person who agrees to repay a borrower’s loan if the borrower fails to do so. Guarantors help improve loan approval chances, especially for borrowers with low credit scores, insufficient income, or limited credit history. In this blog, we’ll understand the meaning of a loan guarantor, their role and responsibilities, eligibility requirements, types of guarantors, …
Continue reading “What is a Loan Guarantor? Meaning, Types, Requirements & Risks”
An instalment loan is the most common type of credit that banks and NBFCs offer. Once you borrow a required sum, you need to repay the amount along with interest in affordable instalments within a specific timeline. You can use the borrowed amount for the following purposes: To pay educational expenses To clear hospital bills …
Continue reading “Instalment Loans: An Easy Option To Complete Repayment”
Wondering, ‘Can I get a personal loan without ITR? Yes. Most lenders require self-employed applicants to submit their income tax returns to review their income and repayment capacity. However, some use alternative methods for this assessment, making loans accessible even when you don’t have your tax filing records. Read on to learn how to get …
Continue reading “Personal Loan Without ITR: All You Need to Know”
RBI guidelines are in place to ensure loan recovery is handled fairly and with respect. Lenders and recovery agents are not allowed to threaten, pressure or harass you while following up on unpaid loans. These rules also protect borrower privacy. Recovery agents cannot discuss loan details with family members, friends, neighbours or colleagues. They must …
Continue reading “RBI Loan Recovery Rules & Repayment Guidelines in 2026”
‘Can I buy a car in cash?’ This is one of the most common questions that pops up when you decide to purchase a vehicle. On second thought, if you are wondering whether you should opt for a personal loan for cars rather than paying it entirely by cash, there are several things you need …
Continue reading “Personal Loan for Cars: All you need to know”
Leveraging the limits of the traditional credit system, Peer2Peer lending has become popular across the country in recent times. It is a system where: People borrow within the communities to meet their financial requirements There is no involvement of an official financial institution To know more about this new lending system, how it works, the …
Continue reading “Complete Guide to P2P Lending and How It Actually Works”
Yes, you can get a personal loan with a CIBIL score of 650 in India. However, approval may depend on your income, employment stability, existing EMIs, repayment history and the lender’s internal eligibility criteria. A 650 score is usually seen as a fair or average credit score, which means you may still qualify for a loan, but the approved …
Continue reading “Personal Loan for CIBIL Score of 650: Best Loan Apps & Tips to Get Approved “
No, you will not go to jail simply for defaulting on a personal loan in India. That fear and it is a very common one; is not grounded in law. Personal loan default is a civil matter, that’s it. Lenders can chase you through courts, report you to credit bureaus and in some cases seize collateral. But handcuffs? Not for a missed EMI. There …
Continue reading “Punishment for Non-Payment of Personal Loan in India: What Really Happens? “
A personal loan for corporate employees is an easily accessible and popular credit option. This unsecured loan is customised for employees of large organisations so that you can get it quickly and affordably. Whether you are a government employee or working at an MNC, you can manage sudden and planned expenses without burdening your budget …
Continue reading “How Can Corporate Employees Apply for a Personal Loan?”
Availing of a personal loan for gifting is a straightforward and rapid solution for arranging the funds you need. The funding you get comes with no restrictions, so you can use it for umpteen expenses, including giving special gifts to your loved ones. Read on to know why you should choose a personal loan for …
Continue reading “How to Use a Personal Loan to Make Your Celebration Special”
