Our lives have been turned upside down on this technologically advanced day. Everything we want or need can now be obtained with only a few mouse clicks and receiving an immediate cash loan in one hour is no exception. 

The traditional approach to money lending platforms, on the other hand, will never truly shift, but there is always the opportunity for an alternative. 

There are growing money lending services in India that can meet these needs with an instant cash loan in 1 hour in Chennai on the move, 24 hours a day, 7 days a week.

What is a personal loan?

Several loan products are available for individuals to choose from, such as a bank loan, personal loan, personal credit card, and even a prepaid card. A personal loan is a debt instrument secured by personal assets, such as a home or car. 

The borrower can take a personal loan to repay an existing or a new loan in time and without having to go through the process of applying for a bank loan and the repayment norms. 

However, unlike bank loans, personal loans usually do not require the borrower to make a guarantor. Also, personal loans are given to individuals who have low credit scores. Typically, personal loans are structured to help people reduce the monthly debt servicing cost.

What is a CIBIL score?

CIBIL’s credit information gives a detailed profile of your credit performance. This information is important to lenders to be able to decide the repayment capacity of the borrower before he or she is even considered for a loan. 

Your credit score should be seen as a predictor of your creditworthiness and performance. The higher the score, the better the repayment capacity and the lower the default probability is. A loan becomes more or less beneficial for you only if you can repay the loan in time. 

Money View is one such place where you can get personal loans even if you have a low CIBIL score. They provide you with the best solutions to overcome any financial emergencies.

How Can Someone with a Low CIBIL Score Get a Personal Loan?

A poor CIBIL score means that your prospects of getting a personal loan are nearly nil. In this instance, the borrower’s sole choice is to work on improving their CIBIL score and gaining the lender’s faith in prompt EMI payment. This will prevent you from receiving many denials when applying for a loan. Below are some of the tips to improve your CIBIL score.

  • Avoid taking out unnecessary loans: 

A lower credit score is usually accompanied by a decrease in net worth. Your net worth is determined by your assets. Reduce unnecessary debts such as consumer durable loans, lavish vacation loans, and other loans that might harm your credit score.

  • Reduce your credit card purchases: 

Credit card usage has a significant impact on your credit score. It’s critical to pay your credit card payments and loan EMIs on time each month.

  • Pay off all dues: 

If you have any outstanding bills, you should pay them off before the grace period ends. Missing payments regularly will lower your credit score, which might complicate loan approval.

  • Monitor your Credit Report: 

If you don’t follow your credit report readings regularly, your credit score may suffer. If your credit reports aren’t kept up to date, there’s a good chance there will be inaccuracies and misreporting.

If you have a low credit score, then there are high chances that you are rejected. Almost all banks reject individuals having a poor credit score. But Money View is one such place where you can get personal loans with low CIBIL scores.

It is important that you also maintain your credit score and do not depend on banks to approve it.


Investing in an unsecured personal loan is an ideal financial investment for people who can’t necessarily get a credit card because of their low credit scores. This loan type can be useful for people who do not have any collateral for a secured loan but cannot apply for a conventional loan for various reasons. Banks can accept unsecured personal loans without taking any collateral. You can take a personal loan for emergency purposes like buying a new car or repairing your bike and paying back the loan at the end of the loan term.