Just like your furry 4-pawed attention seeking cat, loans can be your friends too. What do they have in common? Just like your cat sulks right out of your reach when she doesn’t get her way, loans need to be handled correctly for them to work right for you. They are double-edged swords; if wielded… Read More »
You know that aunty, who won’t stop talking about getting you married? Or the old man down the street who frowns at you every time you pass his house? How about that young lad who always has his headphones on and doesn’t seem to notice anything going on around him? Or the whiny guy… Read More »
When it comes to loans, it sometimes feels like banks are playing the Godfather. There are some that easily become a part of the family, while others get rejected. Here are top 3 customer profiles that banks prefer, or don’t prefer. The Hit List Doctors: A privileged lot, to say the least! Banks believe that… Read More »
Extra, extra! Good news is here and there’s no need to be puzzled anymore. On 2nd June, RBI reduced the key repo rate by 25 basis points to 7.25%, the third such cut in the year. Other banks are now expected to reduce their lending rates once more. Rahul, your average IT guy, was wondering… Read More »
Columbus might have confused America for India, but we had more in common with the then Red Indians than we have now with today’s Americans. We’re not referring to the whooping and dancing of course (that’s racist!). Jignesh, a software engineer, moved to the US and found it very tough to adjust to the vast… Read More »
Try to lower your interest rate. Negotiate with your bank. One other way is to convert your credit card debt into a personal loan debt. It will definitely be lesser than the credit card interest rate. Calculate your net worth and see if any of your investments could help you prepay a part of your… Read More »
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 »
Co-branded credit cards have become an emerging trend of the season and many observers believe that they are here to stay. While many people may have their apprehensions about these cards and dismiss them merely as instruments used by people to flaunt their status, these cards come with a powerhouse of value-added benefits and services.… Read More »
Credit cards, or plastic money as they are popularly known, have become an indispensable tool not just in the metros, but also in rural areas of the country. With this fast-rising popularity, banks are introducing new credit card schemes or are aiming for co-branding, in order to offer better value and deals to the customer.… Read More »