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The introduction of different payment systems has made fund transfers much easier and faster than ever. Earlier, cheques and demand drafts took several days to transfer money.
Getting immediate financial support in times of emergencies is not convenient always. In such situations, a Personal Loan can be a great help. But getting loans approved by financial institutions i...
Ever wondered how the bill payment you made by an app reached the service provider or how all the employees in a company get the salary on the same date and time every month? Well, if not, then say th...
Loans are a common way to deal with financial emergencies, and non-banking finance companies offer you a range of options. Suppose there has been a job loss or salary cut. In such cases, some of your...
Before offering a loan, the lender evaluates the borrower's possibility of defaulting, by measuring his or her credit worthiness. This assessment is based on the borrower's credit history, credit rating or score, employment/ business history, banking history, income to expense ratio, and others.