It is just a three-digit number, but as far as your financial life is concerned, it might as well be your grading on how well you manage your finances. So, it’s time you took a serious look at your credit score. Banks use it to determine your loan eligibility and in some cases it decides… Read More »
Have you ever wondered why people splurge with cards even after knowing that it’s only borrowed money that they have to return to the bank someday? Various researches on the profiles of credit cards owners and their spending patterns says that there are several factors leading people to spending more using plastic. Here are the… Read More »
In a move that is likely to improve India’s overall position as a country with ‘ease of doing business’, the commerce ministry has initiated a mechanism allowing importers and exporters to use card payments for various services. Until now, the Indian traders including exporters and importers were paying fees for various services either manually or… Read More »
Sapna, a Mumbai-based copywriter was on a shopping spree during the last festive season as she was excited about her brother’s wedding. It helped that plastic money had been invented – her shopping went by in a blur as her credit card maxed out. The after-tremors hit her only later when she realized that she… Read More »
With the nation-wide “Swachh Bharat” campaign driving plastic into the wilderness (or the nearest dustbin!), it’s time to take care of another kind of plastic – your credit card. While you can’t just fling it into a dustbin, here’s what you can do to spruce up your credit card usage and clean up your act.… Read More »
When the Reserve Bank of India (RBI) reduced the repo rate by 0.25 percentage point in January 2015, it came as a pleasant surprise for millions of home loan borrowers. They were expecting the banks the follow suit and cut lending rates to pass on the benefits to customers. Banks, though, had different plans. They… Read More »
Amit was quite apprehensive as he was planning to come back to India, after living in London for nearly ten years. While the decision of coming back to his roots was something exciting, he was worried about settling down after buying a new home in India. As a first step, Amit decided try out options… Read More »
A decade ago, home buyers were seeking loans. Today, loans are seeking home buyers. The typical home loan seeker’s profile has undergone a complete makeover. There are no dearth of loan products to spoil her for choice. A similar story unfolds when it comes to car loans and personal loans as well. Here’s a quick… Read More »
It was a typical Sunday afternoon. It took some time for Nidhi to soak in the ambience of the lounge bar that she was visiting after months. She was still furious at the cab driver, who had taken a circuitous route to the place so that he could charge her more. Her friend Renu, who… Read More »
Ignorance is bliss, but not for loan buyers. Many home buyers are unaware of the several options available when it comes to a home loan. Call it “research fatigue” or the lets-get-this-out-of-the-way syndrome, majority of home loan borrowers look only for interest rates. Here are six options you are likely to ignore when finalizing a… Read More »