The FinTech Hub
Source: Live Mint Rich Dad Poor Dad by Robert Kiyosaki still continues to strike the correct notes with readers worldwide, especially the ones who have a keen interest in personal finance and equity investing. The first copy of this book was published in 1997, since then it has completely captured the imagination of readers and…
Source: Live Mint A lot of people may be shocked to discover that a loan can still be declined even if they possess a good credit score. While this may be infuriating, it is important to understand that your creditworthiness encompasses more than a three-digit number. Lenders will review multiple factors before they solidify their…
Source: Live Mint Having an impressive credit score is vital to be able to raise a loan at a convenient rate of interest. Someone with a high credit score can easily pull off a better deal in terms of low rates of interest and a higher loan amount. On the other hand, someone with a…
Source: Live Mint Today, a high credit score is more than a mere number; it is a gateway to financial opportunities. But what happens if you do not have a credit card? Is it still possible to build a solid credit profile? Certainly. There are several different but equally effective ways you can raise your…
Source: Live Mint When you are short of funds, you could have a temptation to borrow money. And it is perfectly alright to borrow when the interest rate and the reason to borrow are ‘right’. But what if you intend to borrow for something as avoidable as going on a vacation or for buying a…
Source: Live Mint I live in Dubai. I bought 5,000 shares in an Indian company three years ago at a valuation of ₹200 per share. Since the promoters want to ease out the investors, the company is now planning to buy shares back at ₹500 per unit in May 2025. Will I be liable to…
Source: Live Mint Fixed returns are appealing, especially when the rate is higher than that of a fixed deposit (FD). Salaried employees get this from their employee provident fund (EPF), which tends to have a higher rate than FDs, but the interest rate is revised every year (it was fixed at 8.25% for FY25). Employees…
Source: Live Mint Having a credit card and not using it might seem like a smart, responsible way to manage your finances. Well, not always while the credit card is unused it seems harmless, many credit card holders don’t understand the consequences of inactivity and how it relates to their credit score. Let’s dig a…
Source: Live Mint When an individual who has a loan on him passes away with an outstanding amount, it raises several critical questions about the repayment of such debt along with the future course of responsibility for clearing the pending amount. That is why understanding the financial and legal consequences about debt repayment post the…
Source: Live Mint Personal loan indebtedness can prove to be difficult to manage, particularly when one is financially distressed. Borrowers tend to turn to two options: loan restructuring and loan settlement. Both seek to bring an end to agony, but making decisions that are in your best interest regarding your financial well-being is based on…
