The FinTech Hub
Source: Live Mint It can become very confusing to understand how your credit score is fluctuating all the while you are regularly paying your bills in time. Here are some reasons which could lead to a drop in your credit score even if you are prompt in paying your bills. High credit utilization ratio Your…
Source: Live Mint It is quite essential to know about your creditworthiness in this fast world of finance. A responsible credit agency, CRIF High Mark, gives detailed credit reports to help in understanding the credit history. A credit report is the most essential tool that measures financial health. Therefore, for you to get a good…
Source: Live Mint The successful control of credit card usage requires proper understanding of financial terms that impact your monetary state. You should remember the financial term outstanding balance or outstanding amount. If you want to summarize all your liabilities to your credit card issuer you should call it your outstanding balance. This section examines…
Source: Live Mint HSBC Bank has joined the party very late in comparison with HDFC, Axis and American Express Bank. Now, they’re trying to get a suite of the best credit cards. HSBC Bank has recently launched HSBC India TravelOne Credit Card, making it a travel-focused card. So, let’s discuss more about this card. Eligibility…
Source: Live Mint The most recent report from the Federal Reserve Bank of New York reveals that credit card debt in the United States has reached a record high of $1.21 trillion. Though the record high figure indicates the fiscal situation in the United States, it also holds valuable lessons for Indian cardholders, given that…
Source: Live Mint If you are a regular credit card user, you would be receiving the credit card bill on a regular basis i.e., every month. And you would typically have an option of either paying the minimum due on it or clear the bill in full. Regardless of your temptation to pay the minimum due, one…
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 India’s major banks are revising credit card regulations in 2025, impacting rewards, charges, and more. It is worth staying informed so that you can get the most benefits and prevent surprises. Below is the concise summary: Why the changes? Banks revise policies to encourage responsible conduct, keep up with the economy, comply…
Source: Live Mint The fisheries sector is an important part of India’s economy that generates livelihoods for millions and contributes significantly to food security. Realising its significance, the government has initiated many initiatives one of which is the Kisan Credit Card Fisheries Scheme that provides loans specific to fishermen and fishermen farmers. Key advantages of…
Source: Live Mint If you are planning to raise a personal loan or applying for a credit card, remember that the lender would assess your credit score to determine your creditworthiness. A credit score, as you would know, is a three digit number that shows the creditworthiness of the borrower based on your credit history. It…
