The FinTech Hub
Source: Live Mint A smart approach to managing one’s personal finances is to repay credit card debt while eliminating the possibility of additional fees. Though “settlement” typically refers to discussions with the credit card company to develop an alternative payment for a reduced amount, it may still negatively impact a credit score. With this in…
Source: Live Mint The aspect of personal finance that most people find most important is understanding how to manage payments on credit cards. While it may feel easy to pay the minimum amount due every month, it is important to understand the effects of doing so. This article covers the concept of minimum payments, their…
Source: Live Mint Credit card users often face serious questions and financial penalties due to missed payment deadlines. That is why it is important for all credit card users to be careful about due dates, pending payments so that they are in the best position to avoid late fees, penalties and associated interest charges. Now…
Source: Live Mint Petrol pumps in India are becoming hotspots for credit card fraud, with incidents of card skimming and fraudulent transactions on the rise. To keep your financial information secure, users should exercise caution when using credit cards at petrol pumps and gas stations. Card skimming is a method used to steal personal data…
Source: Live Mint Although the facility of using a credit card to make purchases can be very convenient, the cost of an expenditure of a large amount may often be unbearable to bear. The EMI option lets you split big payments into smaller payable sums that are payable over a fixed period of time. This…
Source: Live Mint Unified Payments Interface (UPI) transactions hit a record high of 16.73 billion in December 2024, a rise of 8 per cent from November data with 15.48 billion transactions, according to data released by the National Payments Corporation of India (NPCI). With the rising popularity of UPI, credit card users are now opting…
Source: Live Mint Managing credit card bills can feel daunting, especially for newcomers to the world of credit. But don’t worry! Whether you prefer the convenience of online payments or the traditional touch of offline methods, we’ve got you covered. Paying your credit card bill on time is crucial—not just to avoid pesky late fees…
