February 23, 2025

personal finance

Long Term Personal Loan: How to weigh the advantages and disadvantages before borrowing? | Mint

Long Term Personal Loan: How to weigh the advantages and disadvantages before borrowing? | Mint

TheSpuzz Desk02 mins

Source: Live Mint The financial sector experiences continuous change forcing individuals to face expensive requirements for large monetary payments. Short-term loans function as quick solutions for emergencies but provide limited suitability in funding considerable or long-term financial targets. The situation requires the utilization of lengthy personal loans. This article evaluates the characteristics and advantages and…

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What is digital lending and how has it transformed the financial sector? Key risks and challenges explained | Mint

What is digital lending and how has it transformed the financial sector? Key risks and challenges explained | Mint

TheSpuzz Desk04 mins

Source: Live Mint The financial sector underwent substantial transformation because of digital lending technologies bringing new ways for consumers to obtain loans. The need to deal with extensive paperwork alongside enormous lines and multiple bank visits for loans exists only in the past. People can now fully complete loan applications online as digital lending provides…

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Short term loans for farmers: What are agricultural loans and how do they work? | Mint

Short term loans for farmers: What are agricultural loans and how do they work? | Mint

TheSpuzz Desk01 mins

Source: Live Mint Agricultural loans enable the farmers to engage in seasonal activities like animal farming, purchase of land or buying of essential equipments. Short term loans are specifically designed to meet the emergency needs of farming operations for crop production, land preparation, storage and transportation with a view to making the operation of the…

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How inflation affects loan repayment? Key insights you need to know | Mint

How inflation affects loan repayment? Key insights you need to know | Mint

TheSpuzz Desk05 mins

Source: Live Mint Loan repayment is one of the many aspects affected by inflation. It affects purchasing power of money, interest rates and overall cost of borrowing. For borrowers, inflation can have both positive and negative consequences, depending on factors such as the type of loan, interest rate structure, and economic conditions. Understanding inflation and…

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Credit Score: What steps should you take if you discover unauthorized inquiries? | Mint

Credit Score: What steps should you take if you discover unauthorized inquiries? | Mint

TheSpuzz Desk04 mins

Source: Live Mint Discovering unauthorized queries in your credit report is a gut punch. It can signal potential fraud and impact future access to credit. Time counts to protect your financial well-being. Here is how to tackle those suspicious entries: Notify the credit bureau immediately: Call your respective credit bureau directly. Report the unauthorized inquiries…

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Kisan Credit Card Fisheries Scheme: From eligibility to benefits; all you need to know | Mint

Kisan Credit Card Fisheries Scheme: From eligibility to benefits; all you need to know | Mint

TheSpuzz Desk04 mins

Source: Live Mint The fisheries sector is an important part of India’s economy that generates livelihoods for millions and contributes significantly to food security. Realising its significance, the government has initiated many initiatives one of which is the Kisan Credit Card Fisheries Scheme that provides loans specific to fishermen and fishermen farmers. Key advantages of…

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American Express Membership Rewards Credit Card: Is it a good credit card for beginners? | Mint

American Express Membership Rewards Credit Card: Is it a good credit card for beginners? | Mint

TheSpuzz Desk012 mins

Source: Live Mint In the last few months, many banks have reduced the benefits of their credit card rewards program and introduced fees for transactions in specified categories like rent, education fees, utilities, etc. They also have a long list of exclusions for earning reward points, and the list is steadily increasing. However, American Express…

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