The FinTech Hub
Source: Live Mint Credit cards are financial instruments that offer flexibility, convenience and seamless digital payments. However, relying too heavily on paying only the minimum amount due can lead to a dangerous cycle of debt. While making only the minimum payment might seem like a short-term solution to avoid late payment penalties, it carries serious…
Source: Live Mint Do you feel happy when you only pay the minimum amount on your credit card bill because ultimately, you have more money left to spend on other things. Also, you don’t have to pay any late fees or penalties. But this happiness is temporary, as doing this consistently each month can put…
Source: Live Mint Credit cards have become quite popular amongst people and have turned from a luxury to more of a necessity in today’s time. With credit cards, you do not have to spend cash immediately on purchases as your credit card will make the payment on your behalf and you do not have to…
