The FinTech Hub
Source: Live Mint Have you seen any credit card advert wherein the bank has asserted that the interest-free period is 45-day long? But how is the period 45-days long when the card statement is released every month? For this, let us understand two concepts of credit card billing cycle and the last date of bill payment. Billing…
Source: Live Mint There are various means of ensuring that your payment is processed efficiently and promptly for whatever reason you might favour more traditional options or online ones such as net banking and smartphone applications. In order to help you manage your finances better, this provides an exhaustive rundown of these methods. What is…
Source: Live Mint This would make the management of cash flow even harder if it were to conflict with the cash revenue plan. In some cases, bills are paid late and therefore subject to additional late fees or interest charges, hence making poor management in terms of finance. In order to manage finance well, this…
Source: Live Mint Using a credit card can be daunting for beginners, but understanding its functioning can help you use it efficiently and make timely bill payments. Let’s dive into how credit cards work, key terms, and the process behind transactions. What is a credit card? A credit card is a form of borrowing with…
