Synopsis: This blog delineates the risks inherent in accessing informal credit and expounds on the rationale for opting for formal lending institutions. There is no denying that accessing timely credit is essential to achieving individual empowerment and driving economic growth.... View Article
Synopsis: Strong credit flows not only helps MSMEs get better interest rates, but also expand their operations. However, there is a major lack of organic credit flow to the MSME sector. Continue reading to know about the different strategies MSMEs... View Article
Synopsis: Having an emergency fund to be used in times of need is a no-brainer. Ideally, it should be three to six times your monthly expenses. Continue reading to know more about its importance and how to build one. Emergency... View Article
Synopsis: In this article, we will explore what credit history is and why it is essential. We also discuss its crucial role in shaping decisions about loan approvals and interest rates. Among the hordes of financial advice often dispensed by... View Article
Synopsis: In this article, we delve into the wide variety of credit scoring models, including their transition from traditional methods to more data-driven, innovative methods involving AI/ML. The improved access to diverse data sources paired with higher computing power has... View Article
Synopsis: In this article, we will describe the factors fueling mobile lending’s popularity along with the elements that make it truly convenient to use. The RBI’s latest decision to sanction pre-approved credit lines through UPI has put mobile lending back... View Article
“I wanted to invest in my business so I applied and got a loan of 2.5 lakhs within 48 hours. I was very happy I got the funds when I needed them. Thanks to Protium!”
