The FinTech Hub
Source: Live Mint Financial wisdom depends on grasping the operations of personal loan interest rates. Interest rate variations directly control your regular payments throughout the loan period as well as the total expense and available funding of your loan. Personal loan interest rates can be understood through an easy method which explains influencing variables presented…
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 If you are planning to raise a personal loan, one of the key things that you should consider is the interest rate at which the loan is offered. This directly influences the monthly instalment, which is also referred to as EMI (equated monthly instalment). An EMI is a function of several factors…
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 No-cost EMI facility on credit cards is gaining traction in India, especially during the festival season. In this, customers can buy premium products and pay for the amount in easy and convenient monthly instalments without incurring any extra burden of interest. This provides an opportunity to facilitate easy and seamless buying through…
Source: Live Mint Getting a loan without a credit score or history can be difficult. However, many financial institutions and lenders provide no credit check loans for those who have poor or no credit history. These loans can be used in emergencies, however, these come with certain conditions and also involve risks. Hence, before you…
Source: Live Mint Rapid market growth in the lending sector of India has created a new issue where borrower repayment difficulties become more significant. The issue stands as a vital concern for both businesses and individuals because it blocks growth in both economic spheres and stability of finances. Loans become harder to repay primarily because…
Source: Live Mint Digital lending apps have changed the face of money borrowing for Indians in recent years, as instant and hassle-free loans are getting offered with minimal paperwork. Now it is a given that digital lending applications have been a credit revolutioniser, they also raised some valid questions and concerns about credit scores. Hence,…
Source: Live Mint If you have a poor credit score, say 650 or lower, it is not easy to procure a loan from a bank. And if you are lucky — the bank or a non banking financial corporation (NBFC) may charge a higher rate of interest for approving the loan. Meanwhile, if you 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….
