StashFin Personal Loan Review – Interest Rates, Loan Amount, Eligibility, And More
StashFin offers instant personal loans at interest rates of 11.99%, with loan amounts reaching up to 5 lakhs INR. The loan offers are available for up to 4 years of time. The best part is that you can get an instant personal loan as fast as 4 hours of time. Only minimal documentation is required to get a loan. However, these factors are applicable when you are eligible for the loan.
In this article, you will get to know about StashFin personal loans and the variety of necessary details about the loan provider. The details will include the rates of interest, eligibility, and other important information related to loan offerings by the company. Finally, we will give you some details of customer reviews which can be helpful for you to get a better idea of StashFin. Hence, to get a full idea of the loan offerings of this company, read on through to the end of the article.
StashFin – What Do They Offer?
StashFin is a platform that offers personal loans to salaried and self-employed individuals. You can apply for loans both through the website and also the StashFin personal loan app. The types of loans offered by StashFin include Marriage loans, Cash loans, Small loans, Medical loans, Travel Loans, Home Renovation loans, Shopping loans, Personal loans, and Debt Consolidation loans.
| Loan Aspects | What StashFin Offers You? |
|---|---|
| Loan Amount | Up to INR ₹ 10 lakh |
| Loan Tenure | It can be up to 4 years, depending upon eligibility and the loan amount. |
| Rate of Interest On Loans | 11.99% – 59.99% p.a. (per year) depending on the type of loan borrowed. |
| Loan Processing Fees | Processing fees depend upon the loan amount. However, it can extend up to 10% (excluding GST) of the amount on each loan.- 0% – 10%, excluding GST (Borrowers should pay a processing fee on the withdrawn amount every time they load their StashFin Card using the StashFin App). |
| Collateral or Mortgage | Depends on the type of loan applied for. |
| Bounce Charges | ₹ 500 on every bounced cheque, NACH, or failed EMI payment. |
| Loan Review Time | It can be as less as 4 hours. |
| Late Payment Of The Loan | A loan default or a late payment will not allow a borrower to redeem rewards. |
| Loan Repayment | The repayment period is up to 36 months. All loan payments are made through EMIs via electronic payments. |
Read More: GGP Share Price Forecast: Everything You Should Know
How To Apply For A Loan From StashFin?
If you want to apply for StashFin loans, you will just need to download the official app or visit the website and hit the “Apply Now” button. Once you click the button, you will get to a page where you will need to enter your name, mobile number, pin code, and PAN. Later, you will need to fill up a form and provide all your proofs. Once your documents and your credit record are verified, you can get a loan as quickly as 4 hours.
StashFin – What Is The Loan Eligibility?
The following are the major eligibility requirements that a borrower needs to comply with to avail of loans from StashFin:
| Loan Requirements | Eligibility |
|---|---|
| Age of the borrower | Minimum 18 years |
| StashFin credit score | A better credit score (that is, above 750 for CIBIL TransUnion) can help a loan applicant to avail of personal loans at lower rates of interest. |
| Type of Employment | Salaried or self-employed. |
| Minimum monthly income | ₹ 15,000 per month |
| Work Experience | Depends on the type of loan applied for. |
| Required Documents | For Salaried– ID proof – PAN Card- Address Proof – Aadhaar Card- Copy of a cheque for the salary bank account- Salary slips for the last 3 months- Bank statements for the last 6 months For Self-Employed– Income Tax returns- GST Returns- Proof of business ownership and continuity- Bank statements for the last 6 months- Audited financial statements for the last 2 years- Office address proof |
Read More: PooCoin Stock Forecast: Everything You Should Know
StashFin – Top Customer Reviews
The following are some of the top customers reviews that we have found from some of the famous review platforms on the internet. Hope these customer reviews can be helpful for you to get a better idea of the services and loan offerings of StashFin:
Summing Up
Hope this article was helpful for you to get an understanding of the offerings of StashFin. The company offers loans at reasonably good interest rates in return for their services and loan amounts. If you are a small-wage earner and in need of a loan, you can borrow loans easily from StashFin. We did not find many negative reviews on StashFin. However, it is also recommended to read the negative reviews by going to various review websites to find out what can go wrong. Always borrow loans when you are fully sure. Do you know of any better loan providers that offer loans at good interest rates? Share some of them with us in the comments section below.
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Micro vs Macro Economics: What’s The Difference?
Economics deals with human behavior and its implications on society. This subject is divided into two broad categories known as macro and microeconomics. Micro vs Macroeconomics has lots of factors present within itself. Without an in-depth analysis, you cannot get the core points of differences between the two concepts. So, without an in-depth study of Micro vs Macro economics, things are going to be difficult for you. Microeconomics deals with individual consumers and businesses, whereas macroeconomics deals with the behavior of the aggregate economy. You must know the core differences between the two concepts that can make things easier for you. Economics studies the individual, business, and government allocates resources that can assist you to meet your requirements with ease. What Is Macro Economics? Macroeconomics is the branch of economics that studies the performance and behavior of the economy as a whole. It focuses on the study of the aggregate annual national income of the entire economy within a particular fiscal year. Marginal cost also forms a part of it. What Is Micro Economics? Microeconomics considers the behavior of the decision-makers within a particular economy, such as households, individuals, and firms. Your prime focus would be to find out the core problems of the economy at an individual level. A holistic approach is not required here. What Is The Difference Between Micro vs Macro Economics? There are several points of difference between Macro and microeconomics that you must know at your end. You should go through the differences that can assist you in getting the core points of differences between Micro vs Macro Economics. The trial balance also shows the impact of these two concepts. Basis Of ComparisionMicro EconomicsMacro EconomicsMeaning Microeconomics is that branch of economics that deals with household, individual, and firm behavior analysis at the time of allocation of resources. It comprises the goods and services of the market and deals with the issues in their economy. The Macroeconomics deals with the complete behavioral study of the economy and its performance in total. Important areas of study in the case of Macroeconomics are GDP, growth rate, inflation, and unemployment. Area Of Study It studies a specific market segment of an economy. It studies the entire economy and covers the market as a whole. Deals With Microeconomics deals with multiple issues like factor pricing, product pricing, demand & supply position, production, consumption, and economic welfare. Macroeconomics deals with various issues like national income, general price level, money, distribution, and employment. Business Application It solves the internal issues. It solves external and environmental issues. Scope Microeconomics covers issues like actor pricing, product pricing, demand & supply position, production, consumption, and economic welfare. Macroeconomics covers issues like national income, general price level, money, distribution, and employment. Significance It helps to maintain the balance between the products and the factors of production like land, labor, capital, and entrepreneurship. Macroeconomics helps you maintain and solve major issues like inflation, deflation, unemployment, and poverty as a whole. Limitations Micro-economics considers some of the impractical presumptions like all people in the economy are employed which is impossible. The process and the composition are inaccurate in the process of assumption that you must know at your end. The tabular format gives the pinpointed explanation of the two concepts. Micro vs macroeconomics has other points of difference too. Let’s elaborate on them to get a complete idea about it. 1. Scope & Analysis Microeconomics deals with the behavior of individual economic agents, such as households, firms, and consumers. It examines how they make decisions regarding the allocation of resources, the production of goods and services, and the determination of prices for specific products. Macroeconomics, on the other hand, looks at the broader economy as a whole. It studies total variables of the economy, like national income, unemployment rates, inflation, and overall economic growth. It is one of the fundamental differences between Micro vs macroeconomics. 2. Focus Microeconomics focuses on the specific details of economic transactions and interactions at the individual level. It delves into topics like supply and demand, consumer choices, market structures, and the behavior of firms in different industries. Macroeconomics takes a bird's-eye view of the economy, looking at the overall performance of the economy, including issues like economic growth, inflation, and the business cycle. It aims to understand and analyze the economy's general health and stability. 3. Key questions Microeconomics answers questions such as "How do consumers make choices?" or "How do firms maximize profit?" It is concerned with issues like individual pricing decisions and resource allocation. Macroeconomics tackles questions like "What determines the overall level of employment in the economy?" or "What causes inflation or recession?" It seeks to understand the factors influencing the overall health and stability of an economy. How does the inventory turnover ratio get the impact of it? 4. Policy Implications Microeconomics primarily informs individual and firm-level decision-making. It is less directly tied to government policies, although it does have implications for regulatory and competition policies. You can go through the website of Byjus as well to get a clearer picture. Macroeconomics is closely linked to government policies and monetary and fiscal measures. It provides insights for policymakers to manage and stabilize the overall economy, such as through monetary policy, fiscal policy, and taxation. 5. Tools & Methods Microeconomists often use tools like supply and demand curves, consumer utility theory, and market structures. To analyze individual economic decisions and interactions. Macroeconomists use tools like national income accounting, aggregate demand and supply models, and monetary and fiscal policies. To study the overall behavior of the economy. Investopedia is also of the same opinion. How Are Micro & Macro Economics Interrelated? Microeconomics studies the aggregate structure, whereas Macroeconomics is itself the aggregates. In this way, both are interrelated to one another. You cannot learn macroeconomics without knowing microeconomics. End Of The Concept Hence, if you have doubts regarding the concepts of micro vs macroeconomics, then this article can be of great help for you to guide you in the right direction. Things are going to be easier for you once you go through the concepts with an in-depth analysis. You can share your comments and views in our comment box. It will be helpful for us to know your take on this matter. Share the experiences once you complete reading the article. Feel free to reach us if you have any queries left out. Read Also: What Is Net Operating Income? How To Calculate NOI? Vertical vs Horizontal Integration: What Are The Key Differences? What Is A Holding Company? – Importance, Operation, And Pros & Cons
Oct 07, 2023
How Specialist Brokers At Jones & Young Can Simplify Your Mortgage Journey
Embarking on the journey of buying a home is a landmark event in many people’s lives, symbolizing not just a financial investment but also the fulfillment of personal aspirations. However, the route to achieving this dream is often laden with intricate financial decisions and processes, particularly when it comes to securing a mortgage. It's a path that requires navigating through a dense forest of interest rates, loan terms, and regulatory requirements. This is where the expertise of specialist mortgage brokers at Jones & Young becomes invaluable. These professionals do more than facilitate transactions; they serve as trusted advisors and advocates, ensuring that one of the most significant financial decisions of your life is made with clarity and confidence. This blog delves deeper, highlighting the substantial Benefits of Hiring a Mortgage Broker and detailing how the seasoned team at Jones & Young can not only simplify but also enhance your mortgage journey. Their role in demystifying the complexities of the mortgage process is crucial, particularly in an economic climate that is constantly evolving, presenting new challenges and opportunities for prospective homeowners. By exploring the expertise and personalized service offered by Jones & Young, we aim to provide an insightful guide for those navigating the mortgage landscape, demonstrating how specialist advice can transform a potentially overwhelming process into a manageable and successful experience. The Role of Specialist Mortgage Brokers Mortgage brokers serve as intermediaries between borrowers and lenders. Their primary role is to assist clients in finding the best mortgage products that suit their specific needs and financial situations. The specialist mortgage brokers at Jones & Young excel in this role, bringing their wealth of experience and in-depth industry knowledge to the table. Why Choose Jones & Young? Jones & Young stands out for several reasons. Their team of specialist brokers possesses an in-depth understanding of the market, ensuring that clients receive tailored advice and solutions. Their commitment to providing personalized service means they take the time to understand each client's unique situation, enabling them to offer bespoke mortgage advice. Simplifying the Mortgage Process The process of obtaining a mortgage can be filled with complicated terms, procedures, and paperwork. Specialist brokers at Jones & Young simplify this process by handling the majority of the administrative tasks, ensuring a smooth and hassle-free experience for their clients. From application to closing, they guide clients through every step, demystifying the complexities of mortgage procedures. Access to a Wide Range of Products One of the key Benefits of Hiring a Mortgage Broker is the access they provide to a broader range of mortgage products. Jones & Young have established relationships with a wide variety of lenders, including those not accessible directly by consumers. This extensive network enables them to find competitive rates and terms that might otherwise be unavailable, ensuring clients get the best deal possible. Expert Advice and Support The property market is constantly evolving, and staying abreast of these changes is crucial. The specialist mortgage brokers at Jones & Young are well-informed about the latest market trends, regulatory changes, and lending criteria. This expertise allows them to provide valuable advice, helping clients make informed decisions. Tailored Solutions for Complex Situations Not all mortgage needs are straightforward. Some clients may have complex financial situations, such as self-employment or a non-traditional income source, making it challenging to secure a mortgage. Jones & Young’s brokers specialize in handling such intricate cases, offering custom solutions that cater to these unique circumstances. Time and Cost Efficiency Another significant Benefit of Hiring a Mortgage Broker is the potential for time and cost savings. The brokers at Jones & Young do the legwork of researching and comparing mortgage options, saving clients considerable time. Additionally, their negotiation skills often result in more favorable loan terms, potentially saving clients money over the life of the mortgage. Stress Reduction Securing a mortgage can be a stressful experience, filled with uncertainties and anxieties. Having a specialist broker by your side can significantly reduce this stress. The team at Jones & Young provides constant support and reassurance, ensuring clients feel confident and informed throughout the process. Building Long-Term Relationships At Jones & Young, the relationship with clients doesn’t end once the mortgage is secured. Their brokers provide ongoing support, offering advice on mortgage renewals, refinancing, and any changes in circumstances that might impact the mortgage. This long-term approach ensures clients have a trusted advisor to turn to for their future mortgage needs. Navigating the Regulatory Landscape The mortgage industry is heavily regulated, and keeping up with these regulations is vital. The specialist mortgage brokers at Jones & Young are well-versed in the legal aspects of mortgage brokering. They ensure that all transactions comply with regulatory requirements, providing peace of mind to their clients. Conclusions In conclusion, the pathway to securing a mortgage, while inherently complex, can be significantly simplified with the expert assistance of a specialist broker. The specialist mortgage brokers at Jones & Young epitomize the ideal blend of knowledge, experience, and personalized care. They not only demystify the mortgage process but also provide tailored advice and solutions that align perfectly with each client's unique circumstances. The Benefits of Hiring a Mortgage Broker – ranging from access to a wider array of mortgage options to the provision of ongoing support and advice – are invaluable. Such expertise becomes especially crucial in an era where market fluctuations and regulatory changes are commonplace. For those embarking on the journey of homeownership, the guidance of a seasoned broker like those at Jones & Young is more than just a service – it's a partnership that paves the way to achieving one's property aspirations with confidence and ease. Read Also: How To Start A Dropshipping Business In 2021 – A Beginners Guide Boxed Packaged Goods: The Right Guide To Uplift Your Business How To Start A Concession Stand Business? – A Complete Guide
Dec 13, 2023
Demystifying Common Misconceptions About Licensed Money Lenders
Financial service providers are very important to society because they help people and small businesses who might not have access to traditional ways of getting money. But there are many misconceptions regarding authorized money lenders, which may deter potential borrowers from employing this important tool. While making informed decisions about financial possibilities, it's essential to understand the truth behind these fallacies. In order to help you choose the best option for your financial needs, we want to clarify some common misconceptions and shed some light on how these lenders operate. Misconception 1: High-Interest Rates Charged by These Lenders A common misconception is that these financial service providers charge very high-interest rates that make it hard for borrowers to pay back their loans. In reality, licensed money lenders are regulated by the government, which sets limits on how much interest they can charge. This makes sure that people who need loans can get them at fair and reasonable rates. For example, many countries put limits on how much interest these lenders can charge. This keeps interest rates competitive and in line with market standards. Additionally, they often offer flexible repayment terms, allowing borrowers to choose suitable loan structures. In summary, while interest rates provided by these lenders may be slightly higher than those of traditional banks, they are not exorbitant. Rates are regulated to make sure that borrowers get fair terms and can get loans without having to pay unreasonable amounts. Misconception 2: Unethical Collection Practices by These Lenders Another misconception is that these financial service providers engage in unethical collection practices. But licensed money lenders have to follow strict rules about how they collect debts. This is to make sure they are following the law and being honest when they do so. When trying to get their money back, these lenders can't use threats, harassment, or violence. Violating these rules may result in severe penalties, including fines and license revocation. To protect borrowers further, regulatory bodies have established channels for reporting unethical behavior and holding lenders accountable for their actions. In conclusion, the misconception that these lenders engage in unethical collection practices is unfounded. Even though there are some unlicensed or dishonest lenders out there, most of them follow strict rules, treat their clients fairly, and follow the rules that have been set up. Misconception 3: Catering Only to High-Risk Borrowers A common misconception is that these financial service providers exclusively cater to high-risk borrowers rejected by traditional banks. In reality, licensed money lenders work with a wide variety of people and small businesses with different credit histories. These lenders consider factors like credit history, income, and repayment ability when approving loans. They may be more willing to work with borrowers with less-than-perfect credit scores or limited credit histories if they demonstrate a stable income source and repayment capacity. These lenders often offer financial products tailored to different needs, such as personal loans, business loans, and short-term loans. This gives them the ability to serve a wider range of customers and help borrowers get the money they need. In summary, the misconception that these lenders only serve high-risk borrowers is unfounded. They cater to a wide range of clients, offering flexible financial solutions to meet the unique needs of borrowers. Misconception 4: Complicated Application Processes with These Lenders People often think that applying to these financial service providers is hard and takes a long time. On the other hand, they often have simple and quick processes that make it easier for borrowers to get funds quickly. In most cases, the application process involves giving some basic personal and financial information, and then a quick check to see if the borrower is eligible. In many cases, loan approvals and disbursements can occur within a few hours or days, unlike traditional banks which may take weeks. Additionally, these lenders may have fewer requirements and more lenient eligibility criteria, making it easier for a wider range of borrowers to qualify for loans. This convenience and speed make them an attractive choice for those in need of immediate financial assistance. In conclusion, the misconception of a complex application process with these lenders is unfounded. Getting loans from them is often easier, faster, and more convenient than from traditional banks. Misconception 5: Negative Impact on Credit Score A misconception is that borrowing from these financial service providers negatively impacts your credit score. But if you borrow money from a licensed money lender in a responsible way, it can actually help your credit score. To build a good credit score, it's important to pay back loans on time and keep your debt-to-income ratio low. By borrowing and paying back loans from these lenders in a responsible way, borrowers can show that they are creditworthy, which could help their credit scores over time. In conclusion, it is a misconception that borrowing from these lenders hurts your credit score. When managed responsibly, it can be a viable way to build or improve your credit history. Related: Need Help with Tax Debt? Check Out These Relief Options Conclusion We have debunked common misconceptions about licensed money lenders, shedding light on their practices and benefits. By understanding the truth behind these misconceptions, borrowers can make informed decisions about their financing options. Explore licensed money lenders in your area and discover the financial solutions they offer to meet your unique needs. Read Also: Instant Loan App: Top 25 Best Loan Apps Should You Know In 2023 The Benefits Of Using A Mortgage Broker: Why You Should Consider One Home Credit: Information, Eligibility Criteria, Interest Rates, Review & More
Apr 21, 2023
Is PHI Stock A Good Buy? Everything You Should Know
PHI stock prices have shown a positive trend in the past few months. So chances are there that you can earn big if you invest in this stock. Before investing in PHI stock, you need to understand its background and assets to withstand the stock holdings for a longer duration. The Company is one of the oldest conglomerates in the USA and has shown a promising growth rate over the past few years. As a result, investors in the US stock market are now witnessing PHI stock as the safest option for them in 2022. Company Profile & Background Of PHI Group PHI( Provincial Holdings Inc) is one of the oldest companies in the USA. In 1982, it was established with the name of JR consulting. The Nevada Corporation is primarily into mergers and acquisition business offerings. The company's name got changed to Provincial Holding Inc after acquiring California's Investment banking and asset management company in 2000. In 2009, the company's name was again altered as the PHI Group, and now it is operating its functions in the USA smoothly. Reasons To Buy The PHI Stock In 2022 There are several reasons you should buy the PHI stocks in 2022 to get better returns from your investments. Some of them are as follows. But, first, it will hint at why you must buy the PHI Stocks in 2022. 1. Shareholders Have Witnessed Increase In Hedge Funds Shareholders have witnessed increased hedge fund interest over the last few quarters in PHI stock. As a result, it comprises eight hedge fund portfolios over the end of the third quarter in 2022. The all-time high statistics of PHI stocks stand as 7 out of 10 ratings, and it will deliver better returns to its investors. It comprises the bullish hedge fund situation for the stocks that sit for their all-time high. There are currently five hedge funds in all of the database positions for the PHI group. 2. PHI Stock Will Experience The Bull Run Insider Monkey has analyzed PHI stocks, will show a bullish run in the upcoming years. From the previous quarter, the growth rate of the stocks for the PHI group is more than 60%. Therefore, the shareholders can earn more from it if they can invest their money now. Later on, the prices of the stocks may fluctuate. Hedge fund managers are boosting their Holdings and market caps on this stock. It is providing safe heaven to its investors during the upcoming years. 3. Investors Are Confident To Get Better Returns Renaissance Technologies is now holding $91.5million worth of the shares of the PHI company, so the chances of returns will be higher. The chances of earning from PHI stocks are more as bigger organizations are the clients of these companies, which ensures stable growth. Therefore, experts of the stock markets believe PHI will provide a higher stock return in the upcoming years. The chances of price fluctuations and company debt are less. The PHI group believes in a Zero debt policy, and so PHI stock forecast will show better returns for their investors. Also Check: Is MAX Stock A Good Buy? Everthing You Should Know 4. Agricultural Sector In US Is Showing Growth You may wonder why I am talking about the agricultural sector in the context of the PHI group, right. The PHI group invests its money in the Agricultural sector company’s stocks and earns the return. Currently, the stock prices of the agricultural sector are growing by 1.53 percent every year. Due to this factor, the chances of the growth rate of the PHI group will be on the higher side, and you can get better returns from your investments. As a result, the PHI stock prices will increase rapidly and will deliver better returns for their investors. 5. Healthcare Sector Is Showing Steady Growth The US government spends almost 18 percent of the GDP in the health care sector for its development and growth, and the PHI group also invests its money in this area. Investors will get stable returns from their investments in PHI stocks as the management of the PHI group takes care of its investors very aptly. The innovative leadership and out-of-the-box thinking ability of Mr. Fahman, who possesses 30years of experience in the Corporate management field and settling the Corporate management strategy, have never upset its investors. As a result, you can also expect better returns from this company. 6. Real Estate Industries Are Witnessing Healthy Returns The average sale price of the real estate sector has increased in the past few years. Its count stands as 43 percent growth rate over the past few years. The most astonishing fact for the investors of the PHI stockholders is that this company also invests its money in this area as well. The chances of earning more money increase when PHI makes more money from these country's core sectors. Do not waste your time and buy the stocks of PHI group to earn big within the next few years. The Real estate sector will also grow rapidly in the upcoming years, and the investors will witness better returns from their investments. Also Check: What Is SHLL? Is SHLL A Good Stock In 2022? Final Take Away The world market economics is changing rapidly, and countries like the USA are now showing a better growth rate post-COVID-19. As a result, the PHI stock prices will increase in upcoming years. Experts of the stock markets are at least confident about the growth in the share prices of the PHI group. Now, you may have some different opinions about this fact. You can feel free to share your opinions, comments, and advice in our comment box. Your opinion is valuable to us, and so we are expecting a valid reply from your end. Do not forget to share this article with your friends, peers, and colleagues. FAQs ( Frequently Asked Questions) [su_spoiler title="1. How Can You Buy The PHI Stock?" open="yes" style="default" icon="plus" anchor="" anchor_in_url="no" class=""]You can purchase the PHI stock from the online brokerage account. It can help you to earn more money in a shorter period. You can complete the registration process in the online mode as well to buy the PHI stock.[/su_spoiler] [su_spoiler title="2. What Is The Current Growth Trend Of The PHI Group?" open="yes" style="default" icon="plus" anchor="" anchor_in_url="no" class=""]The current growth trend of the PHI group is 86.1% due to the higher returns it seeks from the stock market. You will get better returns from your investments in a short span of time. You have to ideate the facts in the right order to achieve your goals.[/su_spoiler] [su_spoiler title="3. In Which Sectors PHI Makes Investments?" open="yes" style="default" icon="plus" anchor="" anchor_in_url="no" class=""]PHI makes its investments in various sectors some of them are as follows:- Sustainable agriculture. Renewable energy. Healthcare. Real Estate. Multiple Commodities. [/su_spoiler] More Resources: Should You Buy GS2C Stock? Everything You Should Know What Is BA Stockwits? Is BA Stockwits A Good Stock To Buy? Is Twitch Stock Worth Buying Now? Everything You Should Know
Jan 22, 2022