When unexpected situations arise, a short-term loan can save you by fulfilling immediate needs by giving you a quick-term loan in Kolkata. But did you know that lenders consider your Fixed Obligation to Income Ratio (FOIR).
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When approving your loan application? A short-term loan is a type of loan that provides you quick easy loans online for a short period, which you can easily repay within a timespan from a few days to months. Short-term loans help you to cover emergency expenses, such as medical bills, car repairs, or rent. However, lenders need to ensure you can repay the loan, and that's where FOIR comes in.Â
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