In recent years, the idea of quick loan apps has made its way through the entire finance market. It is…
Introduction: Praveen receives a salary and pays for all the bills and essentials, but then, at the end of the…
If by reading the title, you are thinking, ‘What is virtual credit?’ ‘Is it even useful?’ Don’t skip this blog…
What do you think? Can microfinance transform the lives of people and small businesses with limited credit options? Yes, of…
The need to borrow money is felt by every individual in their life at some point in time or the…
Instant Loan FAQs
What is an instant loan?
An instant loan is a short-term credit option that provides quick access to funds with minimal documentation.
How do instant loans work?
Instant loans are approved based on your details, credit score, and eligibility. Once approved, funds are disbursed directly to your bank account.
What documents are required for an instant loan?
Basic identity, address proof, and bank details are usually required.
Who can apply for an instant loan?
Eligible salaried and self-employed users can apply.
Does taking an instant loan affect credit score?
Timely repayment helps; delays hurt your score.
Can I get an instant loan with low credit score?
Some digital lenders consider alternate eligibility factors.