Hey, guys welcome back in today's post, I am lucky ali, and today I want to share my personal experience regarding loan settlement and increasing credit score in a short time. This is an easy process that you have to follow. Read the full post. here are many third-party platforms available but you should not use them because they are taking higher charges of that you can do by yourself easily. So these platforms claim they can increase your credit score and there is no rocket science because you can do it by yourself too.

Platforms like paisabazaar and bankbazar are there. they take charges and first, they advise you to settle your loan. This thing you can do by yourself just contact the loan company and say that you want to settle the loan and they will give you a discount. So after settling the loan, they advise you to take their credit card and repay regularly. But this thing you can do it by yourself.

Just take a small gold loan and repay regularly and within 5-6 months your credit score will improve you can also take a credit card on your fixed deposit. So Save your money and do not pay any fees to do these things. I have been through this situation. They demanded almost double the amount from me but I paid just the principal amount. You just need to convince the loan company.

Then they will give you a manual payment link and you have to pay through that link. So that's how you can pay the loan. The first thing I advise you to do is not take a loan for fun. For example, Applying for a loan for a birthday party or travel. If you are doing some business and taking a loan for that business then that is a different matter. The most beneficial thing is taking a loan from reputed banks, they ask for more documents and the process is longer but provides multiple benefits the first big benefit you get is a low-interest rate.

Now if you have already taken a loan and are stuck then follow the solution given above. You should know how to manage money. Money management is very important in every field whether you are doing trading or financial activities i mean to say Take as much loan amount as you need and also you know whether you will be able to pay this loan or not. So these are the things that you should know and follow.

If you found this post helpful then do not forget to share it and if you have a query regarding settling your loan then you can comment below I will try to help you because I have experience with this thing.

Lucky Ali

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		Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested in learning new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥

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