2026 Loan Changes: No Charges, Faster Scores, More Nominees!

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2026 Loan Changes: No Charges, Faster Scores, More Nominees!

In 2026, big changes are coming for borrowers! The RBI is waving goodbye to prepayment charges on loans, making it easier to pay off debts. Plus, credit scores will now update weekly, so improvements will be seen faster! And guess what? You can now have up to four nominees for your bank accounts. These changes are all about making borrowing smoother and more flexible!

| Amit Kumar