The FinTech Hub
Source: Live Mint A credit score is very important while applying for credit cards or loans as it plays an important role in determining your eligibility. This score indicates your creditworthiness which helps the lender determine the risk in offering you a loan. If you pay your EMIs and bills on time it will help…
Source: Live Mint If you are suddenly short of funds and do not wish to borrow from friends then one of the options that you can avail is to raise a personal loan. However, before raising a personal loan, make sure that the interest rate is not exorbitant, time duration is optimum, and the lender is reliable,…
Source: Live Mint Credit score might be one of the most critical figures in any adult’s life. It reflects your borrowing and repayment habits, as documented in your credit history. Among the factors influencing your credit score are hard inquiries, often misunderstood but can significantly affect your financial standing. Let’s delve into what hard inquiries…
Source: Live Mint A credit score has a dramatic impact on your ability to borrow, secure the best loan terms possible, and even get a job or rent an apartment. often than not, however, many myths surround credit ratings and make matters worse and confuse people who have made wrong financial decisions. Let us debunk…
Source: Live Mint If you are someone who is interested in borrowing a loan or if you want to apply for a credit card, then knowing your credit score is extremely important. Credit score plays a vital role in determining your eligibility for borrowings. Lenders also pay close attention to your credit score for granting…
Source: Live Mint Floater credit cards or supplementary credit cards can be quite useful for meeting the financial requirements of a family. A floater credit card is an additional credit card that shares the credit limit with the primary card. These cards can be given to a family member, say a spouse. Virtual credit cards…
Source: Live Mint Credit cards have, today, become the necessary part of everyone’s financial life. A luxury which has now become a tool in everyday life, where one plans the budget, reaps incentives, and gets some credits in return. Yet, like any other product from the financial sector, credit cards have their pros as well…
Source: Live Mint Your credit score is extremely crucial when it comes to determining your eligibility for borrowing funds. Lenders pay high attention to your credit score as it helps them understand your financial situation and also evaluate your creditworthiness. Your credit score gives a general overview of your credit history as well as your…
Source: Live Mint Credit cards provide you a variety of exclusive offers designed specifically according to your lifestyle and needs. From discounts on hotels and flight bookings to great deals on restaurants and premium brands, credit cards have everything in store for you. However, you must also understand that increased usage of credit cards can…
Source: Live Mint A personal loan is a flexible financial option that facilitates quick access to funds for home improvements, meeting medical emergencies, travelling, or educational purposes. Equated Monthly Installments (EMI) comprise fixed monthly payments toward the principal and the interest components of the borrowed amount. This article explains how EMIs work, what affects them,…
