Loan terms

Definition of loan conditions

What are the loan conditions? “Lending Terms” means the terms and conditions involved in borrowing money. This may include the loan repayment period, interest rate and fees associated with the loan, penalty fees that borrowers might be charged, and any other special terms that might apply. It is important to carefully review the terms of […]

Online loans

Online lending: Lendingkart’s lending book jumps 80%, posts Rs 42 crore profit

Lendingkart, backed by Fullerton Capital, doubled its profit to Rs 42 crore in the 2020 financial year, expanding its loan portfolio by 80% to Rs 2,400 crore in the period. The lender, which caters mainly to small and medium enterprises and retail borrowers, increased interest income by 113% to Rs 465 crore from the same […]

Loan application

Tanzania: Heslb opens online loan application for JKT graduates

The Higher Education Student Loans Board (HESLB) has opened an online loan application system to allow students who have recently completed National Service Training (JKT) to apply for loans. According to HESLB, the system will be open for five days from today until next Monday, to enable needy and eligible applicants to apply for loans […]