Don’t Defer Payment Of Credit Card And Personal Loan Dues Despite Moratorium

By | March 31, 2020
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The RBI has given a three-month moratorium on loan repayments in light of COVID-19’s impact on the economy and consequently on people’s jobs. But is it a good idea to defer payment of your loan dues? Let’s find out. 

Adding Your Child As An Authorised User On Your Credit Card

The RBI recently allowed all lending institutions to offer a three-month moratorium to borrowers on repayment of all term loans. This also includes Credit Card dues. The moratorium is for all installments that are due between March 1, 2020 and May 31, 2020.

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