SoLo Funds faces a new class action lawsuit according to a copy seen by TechCrunch and first reported by Bloomberg. It accuses SoLo Funds of misleading consumers by advertising zero interest charges on the loans, while encouraging “tipping fees” and “donation fees” to obtain said loans. The complaint alleges that these are hidden fees that … Read more
Published on: August 05, 2024 Personal loans usually have a repayment period of 12 to 60 months or even longer in some cases. However, there may be times when the borrower decides to repay the loan before the end of this term. This process is commonly referred to as foreclosure, and involves settling the loan … Read more
Published on: August 19, 2024 Are you planning to get a personal loan? Before applying, you should check whether you meet the minimum CIBIL score requirements. CIBIL score helps determine your eligibility, interest rate and other conditions for a personal loan. In general, a higher CIBIL score increases the chances of approval and securing better … Read more
Micro, small, and medium enterprises contribute to India’s economy by generating employment, promoting innovation, and supporting local industries. Since these companies are small and growing, one of the biggest challenges they face is access to affordable credit. MSME loans are designed to provide much-needed financial support to help these businesses grow, invest in technology or … Read more
When it comes to growing your business, whether it’s launching a new venture, expanding operations, or managing your day-to-day expenses, securing the right financing is essential. One of the most common ways to do this is through a business loan. However, the actual cost of borrowing relates not only to the loan amount but also … Read more