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1 of 11
Here's how a
personal loan
can help you
pay off your
credit card
debt
Perks of
repaying credit
card bills with a
personal loan
▸ Unpaid credit
card bills incur a
monthly interest
rate of 3–4%.
Affordable rates
▸ Personal loan
interest rates are
lower if you have
a good credit
history.
3
Unsecured loan
You can obtain funds without pledging any
security.
4
Flexible repayment term
Personal loans offer maximum repayment
terms of 60 months.
5
Simplified application
process
Before approving your application,
the lender requires a few basic
details.
6
How can a personal
loan be used to pay
credit card bills?
▸ Apply for a personal loan.
▸ Once you receive the funds,
use them for a credit card bill
payment.
7
How can you apply for a
personal loan?
▸ Online, through your lender's branch.
▸ Offline, with just a few clicks on your
smartphone screen.
8
Considerations before
taking a personal loan
9
▸ Personal loan EMIs must be paid on
time.
▸ Avoid using the funds for leisure, as it
will increase your debt burden.
“
Unpaid credit card bills will result
in interest accrual and lower your
credit score. A personal loan is
the best way to deal with this
situation.
10
11
Thanks!
Would Love to hear from you.
Hero Fincorp Limited
09, Basant Lok, Vasant Vihar, New Delhi - 110057
Tel : 18001024145
Email : customer.care@herofincorp.com
Website : https://www.herofincorp.com/
Know More : Key Points to Take into Account Before Becoming
a Loan Guarantor

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Here's how a personal loan can help you pay off your credit card debt.pptx

  • 1. Here's how a personal loan can help you pay off your credit card debt
  • 2. Perks of repaying credit card bills with a personal loan
  • 3. ▸ Unpaid credit card bills incur a monthly interest rate of 3–4%. Affordable rates ▸ Personal loan interest rates are lower if you have a good credit history. 3
  • 4. Unsecured loan You can obtain funds without pledging any security. 4
  • 5. Flexible repayment term Personal loans offer maximum repayment terms of 60 months. 5
  • 6. Simplified application process Before approving your application, the lender requires a few basic details. 6
  • 7. How can a personal loan be used to pay credit card bills? ▸ Apply for a personal loan. ▸ Once you receive the funds, use them for a credit card bill payment. 7
  • 8. How can you apply for a personal loan? ▸ Online, through your lender's branch. ▸ Offline, with just a few clicks on your smartphone screen. 8
  • 9. Considerations before taking a personal loan 9 ▸ Personal loan EMIs must be paid on time. ▸ Avoid using the funds for leisure, as it will increase your debt burden.
  • 10. “ Unpaid credit card bills will result in interest accrual and lower your credit score. A personal loan is the best way to deal with this situation. 10
  • 11. 11 Thanks! Would Love to hear from you. Hero Fincorp Limited 09, Basant Lok, Vasant Vihar, New Delhi - 110057 Tel : 18001024145 Email : customer.care@herofincorp.com Website : https://www.herofincorp.com/ Know More : Key Points to Take into Account Before Becoming a Loan Guarantor