This Festive season, while few are able to plan and manage their festive investments, majority of us struggle in this period. From August 15th to February 14th, India celebrates more than 14 major festivals and long weekends.
Most of salaried people rely on credit cards to deal with sudden expenses, result – late payments, high interest rates & poor cibil score.
With various personal loan opportunities available in the market, a lot of us consider borrowing long or short-term money.
While we look for such options, we think of an ideal way of availing instant cash loans, a way which is cheap and reliable.
Below are few easy on pocket short-term loans strategies, which we can look, up to while planning our festive winter season:
1. 0 to 30 days: A short term, a short amount and least interest, this strategy is ideal if you have enough confidence about repaying in short term and the purpose is to handle an unforeseen expense. Personal loan from private lender is an ideal choice for many people. Established RBI NBFCs like Moneyinminutes.in provide such loans for interest rate of as low as 0.1% per day.
2. 30 to 60 days: Instant Cash Loans can be facilitated for longer periods too. If you need the money for a major expense and have a belief in repaying by saving over a couple of months, this short duration instant cash loans can help you conquer your festive woes. The interest rates in such loans rise as per your duration, higher the duration, higher the interest but of course it will not burn a hole in your pocket like a credit card does.
3. 60 to 120 days: There are unforeseen expenses which definitely requires a repayment period. The Indian festive season absorbs money, and honestly we all enjoy spending during this period too. MoneyinMinutes is the only personal loan from private finance in Delhi which offers you an instant cash loan for over 6 months, but of course there are some conditions. Your credit history, your salary, your ability to repay loans on time all such factors are important.
So forget your money woes and start cherishing the 2018 autumn-winter festive season.