Loan Guidance

Generally, a good credit score makes it easier for you to avail a loan. However, you can avail a personal loan with a credit score of 630 or above from top online lending institutions like Clix Capital.   If you have a poor credit score, you can improve it in the following ways. ● Repay debt on time: Set reminders so you don’t forget to make the monthly payment. You need to maintain your credit score and repay your EMIs on time; it certainly impacts your credit.  ● Keep credit limit: You must restrict your credit usage to the limit to maintain your credit score. Reaching the limit will decrease your score. ● Do not apply for too many loans simultaneously: Applying for several loans at once will show that you always need additional funds, meaning you never have enough money. This will also not be looked upon favorably by lending institutions, and it will adversely affect your credit score. 

  With the wedding season and festivals quickly approaching, you may need money to keep your commitments and plans intact. And it can be tough finding some extra cash due to monthly payments like rent, energy, water, and other utility payments. Even if all this is sorted, it’s tax season as well. Consider applying for a collateral-free personal loan without extensive paperwork to fund your personal financial needs.   Here are six suggestions to help you enhance your  personal loan eligibility  and qualify for one before you apply. These will typically assist you in obtaining more credit at lower interest rates. 1. Apply for the loan online – choose a trusted lending institution like Clix Capital 2. Reduce your debt-to-earnings ratio. 3. Keep a good credit score, minimum 630. 4. Have a minimum monthly salary of Rs 20,000/-. 5. Choose a manageable loan tenure: 12-48 months 6. Avoid applying for several loans at once. Now that you're all set, you're ready to get the best persona

If you are a business owner needing quick and easy financing, you may wonder if getting a business loan without collateral is possible. The answer is YES. You can now apply for and receive unsecured business loans with no collateral required.  New-age lending institutions like Clix Capital allow entrepreneurs to apply for business loans online without collateral.   There are many benefits to taking out a collateral-free loan for your business: You will not have to use any personal or business assets as collateral. This means you will avoid losing your home or other valuable possessions. Unsecured loans have competitive interest rates, so you can easily pay the EMIs without burdening your finances.   Keep a few things in mind before applying for a  business loan without collateral : Check interest rates and other terms of the loan. Check your eligibility to get approved for the loan. Use a business loan Calculator to calculate your EMIs before applying.

Managing your finances in a city like Delhi can be costly as the cost of living is relatively higher than in tier cities. The best option to handle financial emergencies is to get a personal loan online.  New-age lending institutions like Clix Capital can provide an instant personal loan in Delhi at competitive interest rates and flexible repayment tenures through their website. However, it is recommended to visit their website, check the eligibility criteria, and use a personal loan Calculator before applying for the loan. You can avail the maximum personal loan amount   available   if you fulfil the eligibility criteria.  Since these are unsecured loans, you don’t have to worry about providing collateral or risking any of your assets. So, be ready with your identity, address, and income proof and apply for an instant loan online.

Financial institutions provide personal loans to salaried professionals to assist them in meeting their short-term financial needs and preparing for life's uncertainties. However, a common concern among applicants is how much of a personal loan I can get based on my salary. Salary is a key factor in determining whether you qualify for a  personal loan for salaried professionals . Your wage establishes your reliability for making the loan repayment promptly because it is your primary source of income. Online lending institutions like Clix Capital ask for a minimum monthly salary of Rs 20,000 to be eligible for a Personal Loan of up to Rs 10 lakhs at competitive interest rates and flexible repayment tenures.  However, besides salary, the eligibility for a Personal Loan is determined by a combination of various other parameters, including: ● Credit score ● Age ● Work experience  ● Current obligations So, check your eligibility on the lending institution's website before applying

A small business loan can be an excellent way to improve your business's cash flow and run your day-to-day operations smoothly. However, before planning to take a business loan, it is essential to understand the benefits it can offer your business. Top reasons why a Small Business Loan is beneficial: Increase your working capital Expand the size of your workplace Add a new physical location Build credit for the future Buy new machinery or equipment Spend money on marketing your business Purchase inventory Add a new line of products or services to your business Hire skilled workers or train existing employees Where to apply for a Business Loan? Applying online is the best way to get a business loan, as it saves time and effort. Top online NBFCs like Clix Capital offer  small business loans  with numerous benefits. They follow an online application process; however, the approval and disbursal are done only after quick in-person verification. 

An international vacation may be tough to plan, especially if you're on a tight budget. But being aware of your financial limitations, the necessary expenses, and smart spending practices may help you have more pleasure while reducing stress. Here are some suggestions for creating a trip expenditure budget so you may be as satisfied with your financial situation as you are with your vacation plans.  Travel loan  is one of the best options available. Travel Loans: It can be expensive to take a vacation, especially one abroad. Consider taking a travel loan to lessen your financial load if you are arranging a vacation for your loved ones at a luxurious location.  A travel loan is a personal loan you may get to pay for your vacation costs. You typically get 12-48 months to repay your travel loans. The application process is simple, and the loan approval is swift. You can get a loan of up to Rs 10 lakh online without collateral. Travel loans have no end-use restrictions, so you can

Personal loans are among the simplest ways to get short-term financing for emergencies, home renovations, weddings, vacations, and other requirements.  Low-interest rates on personal loans  compared to other credit options   make them all the more appealing finance options for salaried professionals. However, some people experience rejection during the loan application procedure.  There can be many reasons for the rejection of a personal loan application. Some of them are:  ● Monthly salary less than Rs 20,000 ● Credit score below 630 ● Less than one-year work experience ● Default on previous loans or pending EMIs, credit card bills ● Incorrect details in the loan application   In addition, there are other requirements for personal loan rejection, including age, nationality, and even educational background. Due to these factors, financial institutions can reject your personal loan application. The best way to get your instant loan application approval is to check and improve your eligi

One of the most vital indicators of your financial well-being is your credit score. It paints an instant image of your credit usage behaviour. credit score   impacts your approval for personal loan requests.  An Experian credit score of 630 or above can give you access to the lowest interest rates when you borrow money from top online lending institutions like Clix Capital.  However, if your required credit score for a personal loan is poor, you can do several quick, easy things to raise it.  Examine your credit report occasionally. Take charge of paying your bills. Use at most 30% of your credit line. Limit your requests for new credit. Think about debt consolidation. These actions can help you raise your credit score and build a solid credit history. While it might take a few months to notice an improvement in your credit score, you can start improving it immediately.