Monexo Insights

5 Tips to Boost Your Personal Loan Eligibility

17 April, 2019

By Abhijeet Kumar An instant personal loan can fulfill any emergency and unplanned financial needs. Be it debt consolidation or medical expenditure, you can apply for a loan to cater to those financial emergencies. Mostly unsecured, these personal loans are provided without any “security” deposit. But then, the financial institutions consider various factors to check that you’re eligible for a loan. Apart from your employment status and salary, they also verify your previous

Know More

5 critical factors that impact your loan approval

17 April, 2019

By Abhijeet Kumar “It's easy to get a loan unless you need it.” Those were some powerful words by Norman Ralph Augustine, the former CEO of Lockheed Martin. And you’ll know what he said is true, when you approach a financial institution for loan approval. Once you put in your application, they pull out your credit report, and the credit score is the first thing they look at. That 3-digit number decides whether you’ll get your loan or not. A number 750+ looks promising to the

Know More
View All