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Source: Live Mint In India a credible and strong credit score is crucial for securing personal loans, credit cards, favourable interest rates etc. Given a score of 480 is considered poor, still achieving a score of 750 or higher is still attainable with disciplined and calm financial habits. According to Bhargav Errangi, Founder, POP, “Improving…
Source: Live Mint For numerous Indian students, securing an educational loan is a critical step towards accomplishing academic success. Still, lacking a proper credit score and a clean credit history can pose significant challenges in securing education loans on easier terms. Even in such circumstances, it is important to acknowledge the fact that there are…
Source: Live Mint Recently a case was reported where a woman has claimed that a fake captain has defrauded her of ₹17.5 lakh. This is how it happened: Manpreet Kaur’s husband who works in the Army as Naik was approached by a colleague and was introduced to ‘Captain’ Sagar Guleria who – he claimed –…
Source: Live Mint The Suryoday Small Finance Bank (SSFB) provides users a clearly defined and streamlined process for seeking two wheeler loans. The objective of this product offering is to make vehicle ownership more affordable and accessible to aspirational families across the country. With the benefit of competitive interest rates and minimal documentation, SSFB’s two…
Source: Live Mint A credit score of 650 is considered average at best in India. This score has the potential to limit access to premium financial products and services. With this score it becomes very difficult to secure premium credit cards, fair and reasonable interest personal loans, easy home loans etc. Now, elevating this credit…
Source: Live Mint Punjab National Bank (PNB) has rolled out PNB Nirmaan 2025 scheme which gives 100 percent waiver on processing and documentation charges, the bank announced on Thursday. Launched on April 21, the state lender’s scheme will come to an end on June 20, 2025. The other charges such as NEC/legal/valuation charges are borne…
Source: Live Mint If you are planning to raise a personal loan, it is vital to weigh a number of factors before you choose the one that suits you the most. Among several factors, it is vital to consider the processing fee which could be as high as 2-3 percent of the total loan amount….
Source: Live Mint Mirae Asset Financial Services (MAFS) has joined hands with Fibe to expand credit access to last mile consumers. This strategic partnership is set to empower salaried individuals, especially the middle-income group, with quick access to personal loans through a digital process. Fibe’s partnership with MAFS is likely to strengthen its presence across…
Source: Live Mint A credit score of 750 or more is generally considered excellent in India. Still, many applicants find themselves in difficult situations, facing denial when applying for premium credit cards. This contradiction clearly highlights that a credit score is important but still, it is not the sole determinant for the approval of premium,…
Source: Live Mint Starting next month, the Education Department in the US says student loans that are in default will be referred for collections, reported Associated Press. Roughly 5.3 million borrowers are in default on their student loans and soon could be subject to having their wages garnished. Referrals for collection had been put on hold…
