Tag Archives: pl16

Who can become a guarantor in a personal loan?

Being unsecured by nature where the banks do not get any collateral security the personal loans require another individual to become guarantor for the borrower. This implies that in the event of the borrower being unable to make the requisite repayments in time the guarantor will have to make good the defaults. This is one… Read More »

How does personal loan compare to other loans?!

  Personal loans are a wonderful and easy means to raise funds in case of an urgent requirement. There are no security requirements for availing a personal loan whose processing time is the minimum. Thus many people prefer this option over the other kinds of loans that are available in the market. However there are… Read More »