The FinTech Hub
Source: Live Mint These days, personal loans are one of the easiest loans to get. With a wider adoption of digitisation, you can apply for a personal loan and get the amount disbursed on the same day. Pre-approved personal loan offers make the application and disbursement process quick. However, when personal loans are available easily,…
Source: Live Mint Are you overwhelmed by your rising credit card debts? Choosing a balance transfer credit card might offer the best solution when you have accumulated too much debt on your credit cards. This card enables debt transfer from existing credit card accounts to a better rate card which can offer interest-free periods. Reducing…
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 Unlike a soft inquiry which is carried out when you check your credit score, a hard inquiry happens when you apply for a loan. This leads to an adverse impact on your credit score, albeit temporarily. It is for this reason that it borrowers are recommended to apply for multiple loans within…
Source: Live Mint A 900 credit score is epitome of financial discipline. But can we achieve it and does it make a significant financial impact from almost perfect? Let’s strip out the myths from reality. What is a 900 credit score? Indian credit scores range between 300 and 900, of which 900 is issued by…
Source: Live Mint Credit cards are an integral part of the financial lives of most Indians today, bringing convenience and several advantages, including reward points. Reward points are highlighted as one of the key advantages but the question that has to be taken seriously is: Are they worth it? It is important for card users…
Source: Live Mint No matter how carefully a person plans their loan repayments, sudden financial emergencies can still arise. Current loan borrowers who require assistance can resolve their situation through loan restructuring to restructure terms into more sustainable payment periods. Understanding loan restructuring gives debtors better debt management tools to avoid default. What is loan…
Source: Live Mint The task of managing credit card payments proves challenging because multiple due dates exist. Both your credit score will suffer from late payment along with substantial late fees. Enabling auto-pay provides a simple solution that ensures your payments reach on time thus delivering comfort alongside automated payment functions. This article explains credit…
Source: Live Mint The Indian credit card market as of March 2025 continues to grow at a fast pace, with estimates predicting a spectacular growth in card volumes in the future. But how many credit cards do you need? Now it is a given that there is no single answer to this, it varies based…
Source: Live Mint With the speed of finance today, monitoring your credit health like an eagle has never been more important. For Indian consumers, where credit access is becoming a necessity for everything from home loans to personal loans, frequent credit report updates are no longer a luxury, they are a must. Hence, understanding how…
