Instant personal loans in 10 minutes: Convenience or a dangerous trap? | Mint

Instant personal loans in 10 minutes: Convenience or a dangerous trap? | Mint

Source: Live Mint In India, instant personal loans, often disbursed within 10 minutes—have surged in popularity due to their swift approval processes, rapid growth in information and technology tools and minimal documentation requirements. Now, this rapid access to credit has been facilitated by digital lending platforms and fintech innovations. However, concerns have arisen regarding the…

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Credit score: Why Gen Z needs to be more credit conscious? | Mint

Credit score: Why Gen Z needs to be more credit conscious? | Mint

Source: Live Mint In the current fast-paced world, youngsters, particularly Gen-Z, are expected to recognise the significance of building and maintaining a good credit score. While most young adults prefer using debit cards or digital wallets to avoid debt, ignoring the significance of credit score can have long-term consequences. These are some of the key reasons for…

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Women and investing: Is it time to take bigger steps?

Women and investing: Is it time to take bigger steps?

Source: Live Mint While these numbers signal progress, the question remains—are women truly building wealth, or are these just the first steps toward financial independence? Many Indian women still face two major roadblocks to wealth creation—saving enough and making tough investment decisions. Juggling multiple responsibilities often makes it challenging for women to save effectively. However,…

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Loan restructuring explained: Benefits, process, and how it affects your credit | Mint

Loan restructuring explained: Benefits, process, and how it affects your credit | Mint

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…

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