Saral Credit - Loans Guides Blogger

  A few years back, applying for a  personal loan  was a burdensome task. People found fulfilling the responsibility to Know Your Customers (KYC) task is a complex process that involved a massive amount of paperwork. Most lenders developed instant loan mobile applications with the help of technology to make their customer’s life simple because they better understand the importance of technology. The Apps are available online and easy to download from apple store or google play store. Reasons why you should install the app instead of going through with another mode. 1. Apply for an instant personal loan in case of emergency need -  A personal loan app act as a financial institution inside your pocket. You always carry your mobile it doesn’t matter wherever you’re going. So, if you are stuck in a financial emergency, you can use your phone immediately and apply for an instant loan through the mobile app. It is simple to use. Whenever you need financial assistance, you get an immediate re

  Pre-approved personal loans are regularly offered by lenders to their existing customers on the basis of their credit score, monthly income, employer’s profile, etc. Such loans generally have instant disbursal and may also be charged lower interest rates. It requires no collateral security and documentation is minimal. It means you’re only one step away from getting the personal loan. Before applying for a loan first you need to check the advantages and disadvantages of a  pre-approved personal loan . Pros of Pre-approved Personal Loan Speedy processing-  You can easily get the loan amount in a very short time due to the fast processing of a  pre-approved personal loan . In most cases it happens because the customer is existing, so they are already eligible for getting an offer, you don’t have to use a personal loan eligibility calculator. They will match the given information with the available information. If it is matched they will approve the loan quickly. Several discount option