Sat, November 30, 2024
[ Sat, Nov 30th 2024 ]: Bill Williamson
Help! I have a job and side hustle making Sh82,000 per month, yet I live hand-to-mouth
[ Sat, Nov 30th 2024 ]: Bill Williamson
18 Indian billionaires who built their wealth in Africa
Fri, November 29, 2024
[ Fri, Nov 29th 2024 ]: Bill Williamson
EPFO's Central Board of Trustees to meet on Novem .. veral investment related decisions to be taken up
[ Fri, Nov 29th 2024 ]: Bill Williamson
ERP vs CRM: Understanding the Key Differences
[ Fri, Nov 29th 2024 ]: Bill Williamson
I put my dreams on hold for a stable career in fi .. 6-figure salary to move to Hawaii and start over.
[ Fri, Nov 29th 2024 ]: Bill Williamson
Zenith Bank Expands Global Footprints With Paris Branch Launch
[ Fri, Nov 29th 2024 ]: Bill Williamson
CreditAccess Grameen enters into co-financing arrangement with DEG and Citi
[ Fri, Nov 29th 2024 ]: Bill Williamson
ESAF Small Finance Bank facing significant asset quality stress, mainly in Tamil Nadu and Kerala
[ Fri, Nov 29th 2024 ]: Bill Williamson
Lombard Odier indicted in Switzerland over money laundering
[ Fri, Nov 29th 2024 ]: Bill Williamson
Dos and don'ts of borrowing from lending apps: Tips for safe and smart borrowing
[ Fri, Nov 29th 2024 ]: Bill Williamson
Finance adviser calls for inclusive public financial management reform
[ Fri, Nov 29th 2024 ]: Bill Williamson
Traffic management firm secures asset finance backing to fuel growth
[ Fri, Nov 29th 2024 ]: Bill Williamson
Nisus Finance Services SME IPO: Issue opens on December 4; check key details
[ Fri, Nov 29th 2024 ]: Bill Williamson
BoE finds potential vulnerabilities in financial market plumbing
[ Fri, Nov 29th 2024 ]: Bill Williamson
Why Trump could be good for South Africa
[ Fri, Nov 29th 2024 ]: Bill Williamson
Bank of England finds some vulnerabilities in probe of central counterparties
[ Fri, Nov 29th 2024 ]: Bill Williamson
RIL gains 2% as US based arm picks 21% stake in Wavetech Helium
[ Fri, Nov 29th 2024 ]: Bill Williamson
UBA to begin full banking operations in France
[ Fri, Nov 29th 2024 ]: Bill Williamson
The films, shows, and books Wall Streeters think best illustrate their work lives
[ Fri, Nov 29th 2024 ]: Bill Williamson
IIFL Finance to raise upto Rs 500 cr via NCDs
[ Fri, Nov 29th 2024 ]: Bill Williamson
Istanbul Metropolitan Municipality to hold investor meets in UAE and Doha
[ Fri, Nov 29th 2024 ]: Bill Williamson
Players and powerhouses shaping Africa's VC landscape
[ Fri, Nov 29th 2024 ]: Bill Williamson
Otley Girlguiding unit receives grant from Skipton firm
[ Fri, Nov 29th 2024 ]: Bill Williamson
Exclusive: HSBC pulling back from China credit ca .. business after struggling to expand, sources say
[ Fri, Nov 29th 2024 ]: Bill Williamson
Reliance subsidiary acquires 21% stake in US helium gas exploration, production company
Thu, November 28, 2024
[ Thu, Nov 28th 2024 ]: Bill Williamson
Brazil's Haddad seeks to soothe market concerns over income tax reform
[ Thu, Nov 28th 2024 ]: Bill Williamson
5 sectors that could see an uptick in dealmaking under Trump's second presidency
[ Thu, Nov 28th 2024 ]: Bill Williamson
UK finance minister delays spending review until June, FT reports
[ Thu, Nov 28th 2024 ]: Bill Williamson
$8 Billion Deal, Luxe Apartments and A Central Pa .. : The Property Portfolio Of Jersey Mike's Founder
[ Thu, Nov 28th 2024 ]: Bill Williamson
German Fortune 500 companies have announced over .. r, but the biggest employee cull is still to come
[ Thu, Nov 28th 2024 ]: Bill Williamson
PwC and AccountsIQ: Modernising finance operations for mid-market firms
[ Thu, Nov 28th 2024 ]: Bill Williamson
British Business Bank announces Community ENABLE Funding programme
[ Thu, Nov 28th 2024 ]: Bill Williamson
How Enterprise Leaders Are Using A.I.
[ Thu, Nov 28th 2024 ]: Bill Williamson
US business cycle calls for deeper China-US economic ties
[ Thu, Nov 28th 2024 ]: Bill Williamson
Bank of America bets on long-term growth in Mexic .. due to 'nearshoring', despite Trump tariff threat
[ Thu, Nov 28th 2024 ]: Bill Williamson
Align tax-saving investments with financial goals and asset allocation
[ Thu, Nov 28th 2024 ]: Bill Williamson
I opened a business and am suddenly making over $ .. y off my cars and mortgage? Dave Ramsey weighs in
[ Thu, Nov 28th 2024 ]: Bill Williamson
The MicroStrategy Effect: Reshaping Corporate Treasury Management
[ Thu, Nov 28th 2024 ]: Bill Williamson
Veranda Learning, NSDC and IAB to launch the Cert .. national Accounting Professional Program in India
[ Thu, Nov 28th 2024 ]: Bill Williamson
Low credit ratings cause high borrowing costs, liquidity challenges in Africa
[ Thu, Nov 28th 2024 ]: Bill Williamson
UK Regulator Tempers 'Name and Shame' Proposals After Backlash
[ Thu, Nov 28th 2024 ]: Bill Williamson
How South African SMEs can unlock innovation and cut costs by 25% with cloud computing
[ Thu, Nov 28th 2024 ]: Bill Williamson
Hong Kong to offer crypto tax exemption for hedge funds and family offices
[ Thu, Nov 28th 2024 ]: Bill Williamson
Received 28 proposals from 23 states for new city development: Govt
[ Thu, Nov 28th 2024 ]: Bill Williamson
Andhra FM On Adani Deal: We Have To Consider The Legal And Financial Consequences
[ Thu, Nov 28th 2024 ]: Bill Williamson
Nasscom signs MoU with DIFC to strengthen fintech and innovation collaboration
[ Thu, Nov 28th 2024 ]: Bill Williamson
US Interest Rate Forecast for the Next 5 Years: Analyst Views
[ Thu, Nov 28th 2024 ]: Bill Williamson
Musk Calls for Abolishing Consumer Agency GOP Has Long Targeted

Dos and don'ts of borrowing from lending apps: Tips for safe and smart borrowing

Lending apps have revolutionized the way people access loans by making the process quick and convenient. However, borrowing money through these apps comes with its own set of risks. If not handled wisely, it can lead to financial strain or scams. Here's ...
The article from Moneycontrol discusses the dos and don'ts of borrowing from lending apps, emphasizing the importance of safe and smart borrowing practices. It advises borrowers to thoroughly research the app's credibility, check for regulatory compliance, and read user reviews before downloading. Key tips include understanding the terms and conditions, being wary of apps that ask for excessive permissions or upfront fees, and ensuring the app has a clear privacy policy. The article warns against sharing sensitive personal information unnecessarily, falling for too-good-to-be-true offers, and ignoring the fine print which might hide high interest rates or hidden charges. It also suggests maintaining a repayment schedule, borrowing only what is necessary, and considering alternatives like traditional banks or NBFCs if possible. Lastly, it stresses the importance of timely repayment to avoid penalties and maintain a good credit score, and to be cautious of apps that use aggressive recovery tactics.

Read the Full moneycontrol.com Article at [ https://www.moneycontrol.com/news/business/personal-finance/dos-and-donts-of-borrowing-from-lending-apps-tips-for-safe-and-smart-borrowing-12879678.html ]


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[ Thu, Nov 28th 2024 ]: Bill Williamson