The Key Facts Statement (KFS) is an essential document provided by lenders to borrowers, encompassing all the details of a loan agreement, including interest rates and the annual percentage rate (APR). This RBI-mandated document is designed to help borrowers compare, decide, and execute their desired loans while empowering them with crucial information about their […]
Gold loan is the smartest choice when it comes to arranging funds for any quick and unplanned expense. While the gold loan provides the required funds, managing them wisely is crucial to avoid excessive costs. Featured here are strategies to help save money on the gold loan and optimize on the borrowing. Gold loans […]
Arvog’s digital lending marks a ground-breaking fusion of technology and financial services. Fueled by advanced AI and machine learning, Arvog emerges as a cutting-edge, customer-centric finance entity, streamlining digital lending with unparalleled ease, speed, and efficiency. Its lightning-fast, intuitive approach focuses on personal and gold loans, simplifying the borrowing experience. Powered by AI and […]
The need for a sudden financial boost can arise unexpectedly, impacting anyone at any time. Sometimes, these situations pose welcome challenges, such as the funding required to seize a lucrative business opportunity. Other times, they present genuine hardships, like an unforeseen medical emergency. Invariably, the available funds fall short of covering the entire expense, […]
Introduction Personal loans have been a significant financial tool for individuals in India, witnessing a 22% YoY growth. Despite this surge, the average loan ticket size has been on a declining trajectory since 2019. This shift is influenced by various factors, including increased risk weights, making personal loans both more expensive and more challenging to […]
Introduction If you’re feeling weighed down by various debts, a personal loan could be the solution you’ve been searching for. In 2023, Forbes Advisor’s debt consolidation trends survey revealed that 54% of respondents turned to personal loans to simplify and reduce their monthly payments, 42% sought lower interest rates, and 35% aimed to lighten their […]
The gold loan stands out as the most straightforward and convenient credit option, particularly in the context of a typical Indian household. Gold, regarded as an invaluable asset acquired during festive and family occasions like births or marriages, serves as readily available collateral for unforeseen or planned expenses. While lenders may boast about offering the […]
We commonly encounter situations where expenses exceed our available funds, whether for planned occasions or unexpected emergencies. In such economic crises, opting for a gold loan, where idle gold is utilized, proves to be the most cost-effective and convenient solution. The gold loan involves minimal documentation, offers swift disbursal, and is not influenced by […]
“Gold and silver is money, everything else is credit.” J.P.Morgan The iconic statement is by the American financier and investment banker who dominated corporate finance on Wall Street. J.P. Morgan encapsulates his belief in the concrete value of precious metals compared to the more abstract nature of other financial assets. By emphasizing the role of […]
Having navigated through the challenges posed by the pandemic, everyone is now well aware of the sudden financial crisis situation. These situations arrive unexpected, without any notice hence called as emergencies. It is always prudent to be proactively prepared for such unforeseen situations with the available resources, and overcome without enduring significant harm. Financial emergencies […]
