Credit cards, their benefits and their threats are something we all possess knowledge on. With a part of the younger generation getting drawn towards the gleam of credit cards, there is one group who is strongly resisting the urge to hold and manage credit cards. For them, credit cards are nothing but an instrument that… Read More »
With the introduction of CIBIL’s CIR (Credit Information Report), it has become mandatory for loan borrowers or credit card holders to be aware of their credit usage, since any kind of lapse on your part in terms of repayment, may not enable you to acquire more debt later, no matter how mere the defaulted amount… Read More »
Many prospective borrowers fear that they might not be able to get their loan disbursed to them on time due to the processing time involved, verification of documents etc. Although they are quite a time consuming process, you as a borrower can help in reducing the delay by keeping the required documents ready before you… Read More »
Most investors think that there is a particular time for investing to secure your financial future or for achieving any financial goal. But this statement is not always true. When you realize you have a goal that is at least 3 years away from now, you need to start investing. For example, if you had… Read More »
People sometimes cannot invest regularly an amount for the purpose of saving into funds. And if you are one of them, then here is a perfect solution. Systematic Transfer Plan (STP) enables an investor to invest their amount into a liquid fund which will be systematically transferred to an equity fund every month. Therefore unlike… Read More »
It is not a difficult task to accumulate a corpus worth Rs 1 crore or even Rs 5 crore unless you religiously stick to the habit of setting aside a major portion of your funds for the purpose of investing. Many times it has been observed that like most New Year resolutions, the habit of… Read More »
Sunila walked out of the debt counselor’s office in a pensive mood. She had accompanied a close friend of hers for moral support. Her friend Divya had actually opted for the services of a debt counselor having run into some financial trouble and some pending loan dues.
Wishing for a cozy, quiet and calm vacation away from home this holiday? Hoping to be guilt free of all the shopping and expect to claim maximum discounts and cash back offers on your hotel and restaurant bills? Well all these can come true, thanks to the amazing offers offered by co-branded travel credit cards,… Read More »
Investments into equities are suggested for those investors who wish to invest keeping a long term scenario in mind. But there are certain investors who invest in equities when they ride high and these investors are termed as speculators. Now this practice may not always be favorable to speculative investors since in the eventuality of… Read More »
Investment corpus: The first step an investment firm analyzes to understand if you are a HNI (High Net worth Individual) or not, is by evaluating your investment corpus. If you have assets worth Rs.10lakh – Rs25lakh then you may not be nominated as HNI. However, if your corpus is well over Rs50 lakh – Rs1… Read More »