The FinTech Hub
Source: Live Mint If you are planning to take a personal loan, it is important that you keep a few aspects in mind before you start with your application process. You must also note that personal loans offer you funds at a much higher interest rate as compared to other loans available in the market….
Source: Live Mint From home improvements to surprise medical costs, personal loans are great for a majority of uses. But an interest rate is a vital ingredient that plays a huge role in how much your loan will ultimately cost. Your credit score helps to determine the interest rates. Here’s a closer look at how…
Source: Live Mint Credit reports and scores are vital determinants in the contemporary financial world as they determine our prospects. Even though these two phrases are frequently substituted for each other, it is worth noting that both terms carry different meanings. Let’s explore how a credit report and score vary from each other and then…
Source: Live Mint A personal loan is one of the quickest ways to arrange funds for any reason. Be it a medical emergency, paying for a child’s education, a family function, buying a vehicle, enjoying a family vacation, starting a business, etc. In the case of a personal loan, you don’t need to tell the…
Source: Live Mint Fixed Deposits (FDs) are one of the most preferred investment options in India due to their simplicity, guaranteed returns, and low risk. However, FDs are offered by both banks and corporates, and understanding the differences between the two is crucial for making an informed decision. Introduction Fixed deposits are time-bound financial instruments…
Source: Live Mint To be considered eligible for any financial need like home loans and credit cards, one has to have an elevated credit score. To keep and elevate a good credit score requires preparation and a sense of initiative, too. Here, we will include seven practical suggestions to enable you to work on bettering…
Source: Live Mint A credit score is a three-digit number that helps lenders assess your eligibility for loans or credit cards. This score is calculated by credit bureaus based on your credit history, as mentioned in your credit report. Hence, it is extremely important that you maintain a healthy credit score to get faster approvals…
Source: Live Mint Making timely credit card payments is a way to ensure financial security and provides benefits beyond the mere avoidance of late fees. In addition to improving your credit score, on-time payments may lead to better financial opportunities. The following are some of the many advantages of making your credit card payments on…
Source: Live Mint As the year comes to an end, it’s a good time to take a moment and review your finances. The end of the year isn’t just for celebrations—it’s also a chance to organize your money, save on taxes, and get ready for a financially healthy 2025. Whether you’re someone who plans everything…
Source: Live Mint If not controlled, credit card debt can easily get out of hand. High interest rates, late payments, and unstated costs can negatively impact your financial well-being. Here are some doable tactics for preventing credit card debt and preserving your financial stability to help you stay on course. Understanding credit cards Using a…
