credit score

Credit cards: Interest-free period, perils of paying minimum due — 6 key things to know before getting your first one

Possessing a credit card is not only uncommon but somewhat close to financial necessity in current times. However, before you…

2 months ago

Credit limit enhancement offer on credit card: Should you avail of it?

From time to time, you may get a message or email from your bank mentioning that you are eligible for…

2 months ago

Top 6 credit score myths: Don’t fall for these common misbeliefs

When Prerna applied for a credit card with a comparatively high limit of 5 lakh rupees, in the first year…

4 months ago

How to block your lost debit or credit card? A step-by-step guide

Being the victim of identity theft or losing your debit or credit card can be quite upsetting. You must take…

4 months ago

Unable to pay credit card outstanding? Should you convert it to a personal loan with easy EMIs

Sometimes, there is a medical or other financial emergency wherein you pay the amount with your credit card. But what…

4 months ago

Do you need a CIBIL score to get a job as a bank clerk? Job seekers resist the idea a great deal

How is it to miss out on a job opportunity for want of a good CIBIL score? Sounds incredible but…

5 months ago

Home Loans: How to buy your first home despite high interest rates?

The high interest rates on home loans necessitate larger payments from home buyers when repaying their debts through equated monthly…

5 months ago

How does regular credit card usage affect your credit score over time? Experts explain

So you have your credit card and your bank has given you an offer of some tempting loan offers. You…

5 months ago

Considering a joint home loan? Here’s how to apply

A joint home loan is a type of housing loan in which multiple individuals share the financial responsibility. It allows…

5 months ago

What can you do if you have defaulted on your personal loans? Experts explain

Word to the wise – do not think of sweeping your loan (if defaulted) under the carpet and make sure…

5 months ago

Credit card consolidation: How to effectively pay off debt? Here are 6 key ways

As reported by TransUnion CIBIL, the average credit card debt per borrower in India was approximately ₹36,000 in 2021. While…

5 months ago

Don’t have a CIBIL score? Here’s how a secured credit card can help you build it

What is a secured credit card?It is a type of credit card issued against the security of a fixed deposit.…

5 months ago

How to improve your credit score? Know it from experts

Improving your credit score is something that banks and NBFCs look favourably on, as it means that you are a…

5 months ago

Personal Loans: 7 mistakes that you should avoid for smooth repayment

However, while the bank makes the loan sanction and disbursement part smooth, you should make sure the repayment part is…

5 months ago

Using a personal loan to build credit score? Here are some important things to keep in mind

Does obtaining a loan contribute to building credit score?Utilising personal loans can serve as an effective method for enhancing credit…

5 months ago

Applying for a personal loan? Here are essential dos and don’ts you must keep in mind

Personal loans have emerged as one of the fastest growing segments for banks. With abundant liquidity, banks are chasing customers…

5 months ago

Ensure financial stability before opting for zero-interest EMIs, says Raj Khosla of MyMoneyMantra

A lot of millennials and Gen Zs take loans to fund their weddings. What's your view on that? What are…

5 months ago

Why does your credit utilisation ratio have such a big impact on your CIBIL score?

What is the credit utilisation ratio?The credit utilisation ratio measures the amount of credit an individual utilises from the credit…

6 months ago

Want to improve your credit utilisation ratio? Here’s how a personal loan can help

Personal loans can indirectly improve your credit utilisation ratio. Although they are not included in the utilisation ratio since they…

6 months ago

How to manage your personal loan efficiently? Here are 5 best ways

Personal loans play an important part in the financial landscape, providing individuals and businesses with the financing they need to…

6 months ago