Never exceeding 40% of your credit limit has a very beneficial effect on your credit score. This shows your credit limit is high but you have not burnt it up and have plenty in reserve. This logic helps you attain a much higher credit score. This is the same logic that suggests you should not… Read More »
With SBI doing away with teaser loan and RBI increasing policy rates, home loan has become once again more expensive for Indian borrowers. The home loan rates since then have been raised to at least 9.5% offered by SBI and few NBFCs such as Indiabulls finance. Other banks and NBFCs may charge even higher. We… Read More »
Flood insurance denotes the specific insurance coverage against property loss from flooding. The protection offered by most policy covers losses incurred due to some failure at the home itself. However, Flood insurance indemnifies the insured for the loss of property that occurs specifically due to overflowing water bodies or flood. Flood insurance is specifically needed… Read More »
In case you have lost or have been robbed off your card, you’re in double trouble- your card could be used for a fraudulent purchase and you lose the convenience to pay though the card. Besides, you may have lost all your other important documents such as pan card, driving license etc. which may have… Read More »
Forex trades can be placed through a broker or market maker. Orders can be placed with just a few clicks and the broker then passes the order along to a partner in the Interbank Market to fill your position. When you close your trade, the broker closes the position on the Interbank Market and credits… Read More »
More often than not many of us consider a personal loan as the best option to meet contingencies. Opting for a personal loan without studying its terms and conditions and services could cost you more than what you intended!
Investing is the action of buying an asset with the aim of making profits and earning income. Contrary to what many people believe, investing is a long-term activity, while trading is a short-term activity. A successful investor takes a look at the fundamentals of the asset before putting down his money to buy the asset.
Whether it’s to indulge your retail therapy fix, or the weekly list of grocery essentials, shopping is something you just can’t get away from, and therefore all the more important to guard against, especially if you’re looking to save.
Unit Linked Insurance Plans or ULIPs refer to a category of goal-based financial solutions that provide the perfect combination of protection and savings to an investor. They are managed in accordance with your personalized needs, thereby offering unprecedented transparency and flexibility to an investor. They offer insurance protection plus the benefit of wealth creation opportunities,… Read More »
Once you have put your foot down and decided to start investing, it is important that you carefully evaluate the funds you want to invest your funds into. Assessing their past performance is a crucial factor but not the only factor that you as a prudent investor need to look into. In an era where… Read More »