The FinTech Hub
Source: Live Mint To navigate the world of credit cards and loans in India it is important to understand your credit score. It is a three digit number that represents your creditworthiness, thus influencing loan eligibility and interest rates. Still, with multiple credit bureaus and scoring models this can be confusing. Types of credit scores…
Source: Live Mint Weddings are an important occasion in everyone’s life. A typical Indian wedding is usually a grand affair wherein not only you take the relationship to another level but also spend a lot of money on it. What if you do not have sufficient money at your disposal? From where can you raise the…
Source: Live Mint A personal loan comes handy when you are in urgent need of money. Let us suppose, you need funds for organising a wedding or for home renovation, or there is tuition to be paid for your ward who is studying in a boarding school and your financial situation is slightly bad. In such…
Source: Live Mint If you are short of funds currently and want the requirement to be met in the immediate future, what do you generally do? Raise a personal loan? Well, it may work in certain cases, for instance, when you desperately need money for medical emergency, for renovating the house or even for the…
Source: Live Mint Personal loans are a popular choice amongst people who are looking for temporary financial assistance to cover their sudden expenses. These loans do not require collateral and offer flexible repayment tenure. With instant loan disbursement, you can get access to funds within no time. Hence, these loans are a great option if…
Source: Live Mint In the budget speech of 2025, the Finance Minister of India, Nirmala Sitharaman made numerous announcements. Some of the key announcements were for example no income tax till ₹12 lakh income when taking in account the ₹75,000 standard deduction. Further, a slew of changes in TDS and TCS. Along with the same…
Source: Live Mint If you are taking a personal loan, all you are worried about is its repayment. It is vital to remember that a personal loan’s EMI hinges on two key factors: loan tenure and rate of interest. These two factors determine the loan EMI in the following ways: Rate of interest: The higher…
Source: Live Mint Personal loans are opted for by those who want funds for diverse needs without the need for collateral. While getting a personal loan, borrowers mostly look for interest rates, EMI payments, and the tenure of the loan to estimate how it would impact their finances. Keeping these points in mind helps the…
Source: Live Mint The need for money may arise anytime, forcing individuals to borrow from financial institutions in the form of loans. Every loan has to be repaid in the future, and interest rates are charged as well. In order to deal with multiple financial requirements, borrowers may seek multiple loans with overlapping tenure. However,…
Source: Live Mint To maintain optimum financial health and a respectable credit score, it is imperative for you to understand the implications of closing a credit account on the integrity of your current credit score. What is a credit score? Your credit score is a numerical representation of your creditworthiness. It ranges from 300 to…
