The FinTech Hub
Source: Live Mint In India a credible and strong credit score is crucial for securing personal loans, credit cards, favourable interest rates etc. Given a score of 480 is considered poor, still achieving a score of 750 or higher is still attainable with disciplined and calm financial habits. According to Bhargav Errangi, Founder, POP, “Improving…
Source: Live Mint A credit score of 550 is generally considered poor in India. Such a score significantly impacts an individual’s access to credit instruments such as credit cards, personal loans etc. That is why clearly understanding the implications, pros and cons associated with this score and taking proper steps to improve the same are…
Source: Live Mint As the Indian economy evolves and financial literacy grows among consumers, understanding what constitutes and constructs a good credit score has become immensely crucial. A credit score ranging between 300 and 900 is a numerical summary of an individual’s credit strength, his creditworthiness. This number is given by leading credit bureaus and…
Source: Live Mint You must have received various emails, App notifications, SMS and WhatsApp messages from your bank about pre-approved personal loan offers. You must have also received calls or seen banners related to these in your internet banking. Some of these pre-approved personal loan offers give a discount or waive the processing fee, while…
Source: Live Mint A combination of continued economic growth and an aspirational population India is set to turn into the world’s third-largest consumer market by 2026. Currently holding the fifth spot, the country has seen a steady growth in both individual and household spending in recent years, leading to companies from around the world vying…
Source: Live Mint Your credit score plays an important role in determining your eligibility for loans as well as credit cards. A healthy credit score helps you attract low interest rates on your loan applications. However, if you currently have a low credit score, you can take mindful steps to improve it significantly. Credit scores…
Source: Live Mint A poor credit score reflects poorly on not only a person’s finances but even his character. Therefore, if you are someone who has a poor credit score you need to clear your name and ensure that you are able to improve your credit profile and make up for the earlier errors. It is…
Source: Live Mint Your credit score, in the contemporary financial world, is more than just a number but is the defining factor of how your financial life will be in the future. While a high credit score often translates to loan conditions that may be better or even interest rates that are cheaper, a poor…
Source: Live Mint As the Indian economy evolves and moves towards becoming the third largest in the world after the US and China so are the aspirations and wishes of Indian youth. Having a car hence is now more than a status symbol. It adds convenience and elevates one’s lifestyle. In this ever evolving growth…
Source: Live Mint One important figure that impacts your financial life is your Experian credit score. It affects your chances of getting loans, flat rentals, and even some jobs. Naturally, you might be asking how to raise your Experian score in a short amount of time. Even while your score isn’t at its peak right…
