The FinTech Hub
Source: Live Mint In India, where car ownership is now becoming the norm, it is helpful to know about the variables that influence car insurance premiums in order to be able to manage your finances in the best possible way. While everyone knows about variables such as the make of the vehicle, age of the…
Source: Live Mint Fintech firms have in recent years transformed lending in India with fast, convenient, and largely unsecured loans to crores of borrowers. Leading fintech companies such as Paytm, Cred, MoneyTap among others charge different interest rates depending on the profile, credit score, history of repayment etc., of borrowers. The below table gives a…
Source: Live Mint In India, there is much emphasis on maintaining a good credit score to obtain loans and credit cards. However, it’s challenging for many people to build their credit history if they don’t possess a credit card. The best part for all such cases is that there are a number of effective means…
Source: Live Mint Credit cards are a great way to make smart transactions to save on money while not compromising on your lifestyle. If you are someone who has just started your career and are looking for an entry level credit card which not only suits your budget but also helps you become financially independent,…
Source: Live Mint Credit cards are crucial for Indians, offering easy access to credit and helping build a strong credit history. The total number of credit cards in India is projected to grow and reach 200 million by FY28-29, growing at a CAGR of 15% according to a report by PwC. Over the last five…
Source: Live Mint In a major step towards improving the timeliness and accuracy of credit reporting, the Reserve Bank of India (RBI) has introduced a new policy mandating banks to report credit bureau accounts on a 15-day cycle from January 1, 2025. This shift from the earlier monthly cycle is expected to give lenders and…
Source: Live Mint If you never held a credit card and never took a loan then the chances are that your credit profile does not exist. This means the bank may refuse to give you a credit card or a fresh loan. This is a common problem among young loan seekers who have recently started earning and…
Source: Live Mint You must understand how marriage affects your credit score so you are aware, in control and are always the head of your money life. Therefore, to put it simply, your marriage does not have any impact on your credit score because your marriage status is not kept by credit bureaus such as…
Source: Live Mint Your financial well-being depends on having an accurate credit report. Errors can harm your credit score and impact your potential to secure loans or credit cards. What is a credit score dispute? A credit score dispute is a process through which you can raise disputes or inaccuracies in your credit report that…
Source: Live Mint A robust business credit score is important for securing favorable financing terms and easy business loans. It also helps in sustaining good financial health. Whether a company needs money for infrastructure, equipment, working capital etc., a good business credit score will always go well for availing easy business loans. Therefore, by diligently…
