How to read and understand credit card statements effectively? | Mint

How to read and understand credit card statements effectively? | Mint

Source: Live Mint Credit card statements can often feel overwhelming due to the wealth of information they contain. However, grasping the details of your statement is essential for effective financial management. By understanding your statement, you can gain insights into your spending habits, identify any discrepancies, and make informed financial choices. What are credit card…

Read More
Credit cards: Interest-free period, perils of paying minimum due — 6 key things to know before getting your first one | Mint

Credit cards: Interest-free period, perils of paying minimum due — 6 key things to know before getting your first one | Mint

Source: Live Mint Possessing a credit card is not only uncommon but somewhat close to financial necessity in current times. However, before you procure a credit card, be mindful of a number of thumb rules; for instance, the unpaid dues accrue a very high rate of interest — sometimes as high as 3-4 per cent…

Read More