Purchasing your dream home usually means applying for a housing loan. As your property is being built, you may start paying the Pre-EMI (Equated Monthly Installment) interest on your loan. You may be surprised to learn that you may be able to claim ...
Understanding the Role of Net Monthly Income in Loan Eligibility
At The Lending Monk, we make you think clearly about making a financial decision by demonstrating how your net monthly income influences your ability to borrow. When you are applying for a loan - personal loan, home loan or business loan, lenders wi ...
How Overdue Payments Affect Your Credit Score and Financial Future
Making timely payments on time is important for a good financial history. When you fail to pay on time, it can affect your score and your ability to get a loan in the future. So, in this blog, we will discuss what overdue payments are, how the ...
Can a Personal Loan Help Your Credit Score in India?
Absolutely—a personal loan can increase your credit score in India as long as you use it correctly. In fact, it is one of the best tools you can use to not only solve your urgent needs but also build or improve your credit report. At The Lending ...
5 Reasons Why You Should Apply for a Personal Loan During Medical Emergencies
1. Quick Access to Funds When You Need It Most In medical situations, time is of the essence. Using The Lending Monk you can apply for a personal loan online and receive instant approval in just a few simple steps. The majority of applications ar ...
Top Reasons to Buy Gadgets on Personal Loan in 2025
In 2025 keeping up with the latest gadgets is no longer a luxury, it simply has become a necessity. - it is a necessity. Be it the latest smartphone, high-end laptop or smart home device, the latest technology will often come with a high price tag. H ...
Pre EMI vs Full EMI: What It Means and How to Calculate It
If you buy a home loan-especially for an under-construction property-you will often see two important terms mentioned: Pre EMI and Full EMI. Both have to do with the way you repay your loan; however, the very nature of their operations differs on th ...
Difference Between Consumer and Commercial CIBIL Scores Explained
For obtaining loans in India, both personal and business customers need to understand that their CIBIL score functions as the primary measure of their creditworthiness. The majority of borrowers do not realize that CIBIL produces reports ...
MSME Business Loan Tips for Young Entrepreneurs in Bangalore
The vibrant state of Karnataka in India, with the well known City of Gardens - Bengaluru, is an industrial powerhouse of the country. The fact that the younger generation is entering the field of entrepreneurship by leaps and bounds, leads to the de ...
Fuel Your Business Growth with the Right Financing
In the competitive business landscape of today, growth requires vision and money. Whether you own a startup or an established business, having the appropriate financing at hand can prove to be the difference-maker. At The Lending Monk, we are concern ...