Things to Consider Before Applying for Instant Online Loans
It is better to stay away from instant online loans; there could also be hefty prepayment penalties
Topics
Personal loan | Instant Loans
Did you receive an email in your inbox that said, “Instant personal loan in one click” or “Get an instant loan in a few clicks”? In case you needed the money, you might also have been tempted to take advantage of the offer. Instant loans on fintech platforms are the buzzword, especially for millennials.
The idea is to borrow online without leaving the comfort of your home. The whole procedure is done online, from your smartphone, and you can benefit from a repayable loan in a few days or a few months. “Instant loans through online platforms are a boon for customers…
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First published: Thursday, June 27, 2019. 01:36 IST