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  You can use a personal loan to finance various goals such as rental deposits, mobile phone bills, home renovation, a vacation, a medical emergency, a 2/4-wheeler purchase and more. If you apply for it on an instant loan app of a reputed fintech company, you can enjoy faster disbursal than expected from banks and traditional financial institutions. But how can you speed up the loan's disbursal even more? For that, here are some valuable tips to help you.  Build a High Credit Score The higher your credit score, the more creditworthy you are in the lender's eyes. Conventional financial institutions and banks usually rely solely on your traditional credit score to determine your creditworthiness. You might not get a personal loan if your score exceeds their expectations. On the other hand, a fintech lender assesses your creditworthiness comprehensively by considering your social loan quotient (SLQ) score and the typical credit score. The SLQ score is calculated based on your...

  Line of credit is an innovative lending mechanism. It offers quick cash at lower interest rates than traditional banks. This way, one can meet immediate needs or emergencies like medical bills, home repairs, or a sudden travel plan. A credit line offers flexible EMI and fund options for ease and convenience. A reputed Indian fintech lets you borrow up to ₹2 lakhs as per your eligibility which is payable over the next 12 months. Pick one personal loan and multiple BNPL loans with a single approval. It is a personal cash reserve that can be borrowed and repaid on a revolving basis. Withdraw either 100% or a portion of the line of credit . But before that, look at how to ease the application procedure.  Tick-Off the Eligibility The credit line checks factors like current salary, credit score, and credit history. Make sure you have a minimum income of ₹15,000 per month. Now, maintain a CIBIL score between 670 and 739. Lastly, keep paying your debts and bills on time. This is a...