The FinTech Hub
Source: Live Mint A credit score is an important metric of your financial liquidity. This is a three-digit number that gives an indication of your creditworthiness. Lower the credit score, poorer the creditworthiness and conversely, higher this number – higher the creditworthiness. Before banks offer loans to someone, they tend to judge a person’s creditworthiness via…
Source: Live Mint Personal loan is an advance given to someone in need i.e., needs money urgently. This is an unsecured form of borrowing which can be used for an array of purposes which include, but not limited to, emergencies, higher education, business, vacation, wedding, luxury and home renovation. Aside from these purposes, personal loans can also…
Source: Live Mint The Income Tax (I-T) department has reportedly found ₹22,000 crore during a drive against foreign assets, reported Economic Times. This was part of a drive launched last November based on the information received under bilateral and multilateral agreements and foreign remittance data. The income tax department has said that it has identified…
Source: Live Mint It is quite normal for credit card users to miss paying their bills on time. So, what could be the reason behind this? Either they tend to forget to pay their bill or they fall short of funds during the day(s) when the bill becomes due. Did you know that the skipping…
Source: Live Mint Capital markets regulator Securities and Exchange Board of India (Sebi) has released a set of most important terms and conditions which must become the part of the investment advisory agreement between investor and the investment advisor. These important terms and conditions must include a term wherein the invesment advisor must not guarantee…
Source: Live Mint Before investing in a mutual fund, investors tend to view the past returns. If a scheme has performed consistently well over a long period – say 10 years- – the investors feel confident to choose them. On the other hand, if a scheme has been volatile over the same period- the investors…
Source: Live Mint Using a credit card for booking flights is not just a convenient payment method—it is a strategic way to earn rewards, secure discounts, and access exclusive travel benefits. With the right approach, travelers can reduce costs, accumulate miles for future trips, and enjoy premium travel experiences. Here’s a guide to making the…
Source: Live Mint Q. My wife and I have invested in Sensex tracking index funds for the past 8 years and now we want to invest in other index funds. Can you please elaborate on the pros and cons of investing in mutual funds tracking the Nifty 500? Arvind Alhuwalia, Chandigarh, Punjab Understanding Nifty 500…
Source: Live Mint If you have raised a personal loan and are still struggling to decide the tenure in which you need to repay the loan, then you should use a personal loan EMI calculator. So, what is a personal loan EMI calculator? It is an online tool that helps you find out the actual…
Source: Live Mint It can become very confusing to understand how your credit score is fluctuating all the while you are regularly paying your bills in time. Here are some reasons which could lead to a drop in your credit score even if you are prompt in paying your bills. High credit utilization ratio Your…
