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Calculators FAQs

Our calculators provide instant results, while our FAQs offer expert guidance. Get quick calculations and in-depth explanations to empower your financial future.

Can I use a personal loan eligibility calculator for different types of personal loans?

  • Posted:30th January, 2025
  • Updated:30th January, 2025
Yes, you can use the same personal loan eligibility calculator for different types of personal loans in the following ways
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What is the minimum amount required to use an investment calculator?

  • Posted:30th January, 2025
  • Updated:30th January, 2025
There is no defined minimum amount required to use an investment calculator.
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Is credit score the sole determinant in a personal loan eligibility calculator? 

  • Posted:30th January, 2025
  • Updated:30th January, 2025
Credit score is not the sole determinant in a personal loan eligibility calculator because it provides a limited view of your financial health.
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How does a personal loan eligibility calculator determine loan eligibility? 

  • Posted:30th January, 2025
  • Updated:30th January, 2025
Personal loan eligibility calculators typically use the following factors to determine your loan eligibility
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How is the return on investment calculated?

  • Posted:30th January, 2025
  • Updated:30th January, 2025
Return on investment, or ROI, is a key metric used by investors to evaluate an investment's profitability.
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How is credit card repayment amount calculated?

  • Posted:30th January, 2025
  • Updated:30th January, 2025
The credit card repayment amount is calculated based on the total outstanding amount on your statement date.
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How to check personal loan eligibility without affecting credit score?

  • Posted:30th January, 2025
  • Updated:30th January, 2025
You can check your personal loan eligibility without impacting your credit score using several methods
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