Why do we take personal loans? A look into the psychology of borrowing

Why do we take personal loans? A look into the psychology of borrowing

Source: Live Mint Taking a personal loan is simple these days. All you need is eKYC and the ability to repay. But what works behind the psychology of taking loan? Ideally there should be a strong need for it but the guilt of raising loan should be minimal. To put it simply, when you raise a loan, you should have a strong need for it, instead of securing it merely because it is available. The key reasons for raising a loan could range from pers…

Steps Involved in a Personal Loan Settlement Agreement

In today’s unpredictable financial climate, defaulting on a personal loan can happen to anyone. Medical emergencies, sudden job loss, or business failures can disrupt even the most carefully planned budgets. Fortunately, personal loan settlement is a viable option that offers financial relief. At Settle Loan, we guide you through the settlement process with precision and professionalism. Here’s a detailed overview of the steps involved in settli…