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Showing posts with the label Instant Business Loan

How are Credit Demands Met and Loan Collections Simplified in Fintech

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It has been more than a year since the pandemic struck our country which led to two lockdowns in the nation. Businesses disrupted during this period. Traditional funding sources started to dry up. People started looking for alternatives which could fill up the gap between the demand of liquid cash and its availability. The MSME sector contributes significantly to the country's GDP and this sector saw a big fall after the lockdown commenced. Millions of people lost their jobs, many faced salary cuts and medical expenses rose like never before. During these tough times, fintechs are playing a major role in the revival of the economy by meeting the urgent demand for working capitals, making special support plans and altering the credit score models. Innovative capabilities of fintech companies have transformed the lending business completely and made the credits easily accessible to the people who are using digital technology. They just need to download the app and a few clicks on t

Pay Your Medical Bills with Zavron Finserv’s Personal Loan

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  The COVID-19 Pandemic has exposed us to the most uncertain periods of our lives. Salary-cuts or late salaries, slow businesses, education expenses and above all medical expenses have made everyone’s life miserable. The second wave of COVID-19 has shattered our lives and shown us how frightening medical emergencies can be. These   responsibilities have caught us off guard. To arrange adequate funds for the treatment of the loved ones is a great challenge these days as the hospital bills have sky-rocketed. In this situation, one is left with no other option but to apply for medical emergency loan to pay-off the medical bills.   During a medical emergency, a personal loan from Zavron Finserv is like a silver lining to the dark cloud because it saves you from losing your life savings to pay off the hospital bills and other types of medical needs. Personal Loan to Meet Medical Expenses You can apply for a personal loan to meet all your medical expenses. An instant personal loan is

Should you apply for a personal loan for marriage? Why and How?

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The years 2020 and 2021 have been very challenging. We are going through a pandemic which has drained us off our physical and mental health and financial health as well. People are struggling to keep their jobs, to meet the medical expenses and the wedding dreams have taken a hit because of the concerning financial situations amidst many restrictions. If you are someone who has faced difficulties meeting their wedding expenses and are worried that your dream wedding might not come true, we have a solution for you. Zavron Finserv provides Marriage Loan  to all the eligible applicants with an aim to bring them happiness and joy. We will tell you everything you should know about Marriage loans and why applying for a personal loan to pull off a wedding is not a bad idea. Read on. Why to apply for an instant personal loan for marriage? Is it even possible? Marriage is a special bond. A bond where you and your partner get together to make your wedding the most memorable one. It is a once in

Fintech Trends to Look For 2021

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  2021 is the year of rebuilding and innovation. 2020 has made us realize the flaws in our system. The process that we deemed impenetrable proved to be as delicate as they come. One of the sectors that have been dramatically affected by the pandemic is the Financial Technology sector.    Financial Technology, more commonly known as Fintech is the use of Technology in the Financial Industry to make the process swifter, more user-friendly, much easily available to a broader consumer base. Features like Online Banking, Online Credit, UPI Money Transfer, Online Consumer KYC, Mobile Trading, Cryptocurrency are some of the features that have revolutionized the Fintech Sector.    2021 promises even more exciting trends as it settles here. Let’s look at some of the major Fintech trends to look for in 2021. But before that, let’s do a quick recap of the year Fintech year 2020. Fintech in 2020 2020 will go down in history as the year of the pandemic, but there is so much more to the year

How Automated Credit Assessment and Evaluation is better and efficient?

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Better and efficient lending demands a proper, error-free credit assessment. The credit assessment depends on a number of factors including the type of loan , credit score, financial health, repayment capacity and documentation. All of this requires a close look and an error-free procedure for further acceleration. Over the years, the traditional credit scoring has seen a shift and lenders are turning to technology to automate their processes and its related decisions. With consumers expecting the credit evaluation and loan application process in real time, fintech and banks turned to digitization. In this article, we will have a close look at what is credit assessment and how it has changed over the years in contrast to traditional credit assessment process. What is credit assessment? Credit assessment or credit analysis as it is popularly known is a method to check the creditworthiness of the borrower (an individual or a company). This process involves the overall assessment o

How Do Digital Credit System Ensure the Security of Consumer Data

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Digital Credit System is taking on the credit and lending ecosystem by the storm. There has been a surge of startups and enterprises working across the nations to make the credit system smooth and efficient for its consumers. The response to digitalization of the credit ecosystem has been unprecedented too. Consumers are shedding old practices and getting into the new habit of registering, applying, uploading documents and waiting on approval for their Instant Personal loan through their laptops and smart-phones. These efficient processes have been only possible by the never-ending evolution of Fintech that innovate using technologies such as cloud services, Artificial intelligence and Machine Learning.   As the fintechs deal with sensitive financial data of its consumers on a daily basis, the concern around its safety and security becomes imperative. We will discuss the methods fintech uses to secure credit and financial information of its consumers while delivering their ace servi