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Source: Live Mint As financial literacy, knowledge of credit management, credit scores and credit profiles etc., continues to gain traction across the country, understanding what constitutes a good credit score has become increasingly important, especially for residents of metropolitan cities such as Bangalore. It is important to remember that a strong credit score goes a…
Source: Live Mint In personal finance, the terms ‘credit report’ and ‘credit score’ are often used interchangeably, though they represent different concepts. Both serve as tools for assessing the creditworthiness of loan applicants and borrowers, but understanding the difference between them is crucial. 1. Definition, meaning and purpose A credit report is a complete and…
Source: Live Mint With the ever rising inflation, stalling salaries in India, it is extremely important to effectively manage expenses. Now, in such an environment converting credit card transactions to Equated Monthly Instalments (EMIs) can be a real, practical solution for managing expenses properly. Citibank provides this facility for its card holders to strategically plan…
Source: Live Mint Knowing the factors influencing credit score while availing of loans and credit cards in India is vital. Though everyone is aware of most of the key drivers, there are some hidden factors that influence credit scores that the borrowers themselves are not aware of. These important factors impact credit scores and are…
Source: Live Mint If you are a credit card holder then proper credit management is extremely crucial for you. It will help you in maintaining a healthy financial history. Further, one way to raise your credit score is by raising your credit limit. Still, you should aim to do it without damaging your credit score….
Source: Business Standard 2 min read Last Updated : Oct 04 2024 | 4:55 PM IST Paisabazaar has announced a new service that uses artificial intelligence to offer personalised advice about a person’s credit health, seeking to help credit behaviour and decisions. Click here to connect with us on WhatsApp PB Assist…
Source: Business Standard Credit Card, Shopping(Photo: Shutterstock) 3 min read Last Updated : Sep 26 2024 | 11:34 AM IST Credit cards are easy to get and so people subscribe to many. What should they do with credit cards you no longer use? “A number of credit cards tend to charge an…
