Faq's

1. What are personal loans?
   Personal loans are the loans which can be use for any personal purpose like for debt consolidation, for home improvement, buying a car, for holidays.
   
   
2. Can I get personal loan if I have bad credit?
   Yes. We have special team of experienced professional who arrange personal loans for those people who have bad credit record.
   
   
3. How does my credit score affect my ability to get personal loans?
   Credit scores range from a low of 300 to a high of 850. The higher your score, the better credit terms you qualify for. Loans to individuals with scores over 700 are considered to be low-risk loans, while loans to individuals with scores below 620 starts affecting interest rate. The lower risk you are considered, the better terms you will be offered, and vice-versa.
   
   
4. What is short term personal loan?
   Short term personal loans are those loans in which the loan term is short. This is beneficial for those borrowers who want to pay their loan quickly.
   
   
5. Who much can I borrow?
   It depends on various factors like how much income proof you can show your credit record your repayment ability whether you apply for secured or unsecured loans.
   
   
6. How much interest I have to pay?
   It depends on your credit record, how much income you can proof. In general interest of secured loans is lower than unsecured loans.
   
   
7. What is the maximum loan term?
   Depending on your requirement you can repay between 5-25 yrs.
    
8. How quickly I can get my money?
   As soon as your loan is approved by the lender your loan amount is automatically credited to your bank account or you may get your cheque by post.
   
   
9. How will I know whether my loan is approved or not?
   We will notify you within 48 hrs.
   
   
10. Can I pay the loan earlier?
    Yes. You can do so and in this case you may get some concession in the interest.