Struggling to get a personal loan approved despite having a steady income? Your existing EMIs might be the hidden reason why. Most people overlook one critical factor when applying for a personal loan — the Debt-to-Income (DTI) ratio. In this
Are you facing loan rejections even though you have a stable income? You’re not alone. Many people find themselves confused when their loan applications are turned down without a clear explanation. At Shivafinz, we believe in empowering you with the
A common question we get at Shivafinz is — “I need a loan, but I don’t have any formal income statements. Can I still get approved?” Let’s address this clearly. ❌ Can You Get a Loan Without Income Proof? No,
Many people wonder whether it’s possible to get a personal loan without a salary slip. While the answer may seem simple, there are important financial details to understand before applying. At Shivafinz, we break down the truth behind personal loans
When applying for a personal loan in India, your monthly salary plays a significant role in determining your loan eligibility. If your salary is above ₹30,000, banks and NBFCs follow a specific set of rules to assess how much loan
Are you planning to apply for a loan?Beware of fraudsters asking for advance payments before approving your loan!In this blog, we’ll explain why asking for upfront money is a red flag and how genuine lenders actually work.Stay alert. Stay safe.
Missed your EMI this month? Don’t worry! The Reserve Bank of India (RBI) has introduced a new guideline that gives borrowers some relief.If your EMI bounces, you now get a 30-day window to clear your dues — without any impact
When applying for a personal loan, business loan, or any financial service, trusting the right lender is extremely important. With so many loan scams happening these days, it’s crucial to verify whether the lender (bank, NBFC, or loan app) is
With the rising demand for quick personal loans, scammers and fraudsters have found ways to exploit people in urgent need of money. Fake loan offers can look convincing, but there are clear red flags that you should never ignore. In
When applying for a personal loan in India, your salary plays a key role in determining whether your application will be approved, how much you can borrow, and at what interest rate. Whether you’re salaried or self-employed, banks use your
