The FinTech Hub
Source: Live Mint Your credit score determines your ability to get loans or mortgages and obtain an apartment through rental agreements in various financial aspects. Your creditworthiness determination depends on lenders seeing how you handle money through your score. Equifax India operates as the credit bureau in India through its legal entity Equifax Credit Information…
Source: Live Mint It may seem challenging to pay enormous credit card bills, but SBI Card offers a simple solution with its ‘Flexipay’ facility. This allows card users to convert credit card transactions into easy monthly instalments (EMIs). Follow the below given simple steps on how to convert your SBI credit card payments into EMIs…
Source: Live Mint Efficient money management necessitates making correct loan selections. EMIs available through credit cards and personal loans allow users to pay over time conditions for urgent or intentional financial requirements. Long-term economic efficiency questions which payment option would be best in the end. The following analysis identifies whether personal loans and credit card…
Source: Live Mint Economic success and creation of new jobs alongside innovation and growth stems from micro small and medium-sized enterprises (MSMEs). Securing finance has always proven challenging due to the necessity of collateral. The program creates an opportunity for MSMEs to acquire loans worth up to ₹1 crore without requiring any security pledges. This…
Source: Live Mint EMI-free loans seem unrealistically appealing because businesses widely advertise easy financing and hassle-free loan opportunities in today’s market. Everyone would choose to borrow money under these circumstances since there are no monthly payment obligations. The appeal of this offering seems perfect but reality shows something else. The primary purpose of presenting free…
Source: Live Mint People need high credit scores today more than ever during this competitive economic period. Doing business with superior credit requires establishing trust and obtaining financial resources when seeking start-up funding from lenders or seeking supplier discounts or optimizing cash flow management. The strategic guidelines here will help organizations improve their creditworthiness thus…
Source: Live Mint If you stare at a financial crisis and need funds urgently – you will invariably have a temptation to raise a loan. Now with a range of fintech platforms offering loans aplenty, it is highly unlikely not to opt for a personal loan. Most unsecured loans charge a higher rate of interest, thus…
Source: Live Mint Flexibility is often of utmost importance in good financial management, especially when it comes to catering to any unexpected costs. An overdraft loan is such a financial instrument that, if used wisely, imparts this flexibility. This guide explains the fees, advantages, and important factors to consider before taking an overdraft loan. Understanding…
Source: Live Mint The acquisition of ownership through home purchase stands as a fundamental life achievement for most people although it generally requires substantial monetary investment. Mortgage loans provide necessary funds that enable people to achieve their homeownership aspirations through extended repayment plans. Understanding mortgage loan Mortgage loans function as secured loans that require you…
Source: Live Mint Missing an Equated Monthly Instalment (EMI) payment by a day in India can result in serious fines along with a blow to your credit score. Lenders are tightening policies, and it is crucial that the borrower knows the effects of late payments and how to be exempted from them. Concept of late…
