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Source: Live Mint Initially in India it was all about loans and credit cards when it came to maintaining a good credit score. Things are changing now. Timely payment of rent can now significantly contribute to the growth of your credit score, opening doors for improved financial opportunities, easier availability of future loans and a…
Source: Live Mint While credit cards have made rent payments unattractive by levying charges on such expenses, there are several third-party apps that still offer the service by offering bonus points, cashbacks and gift vouchers. Rent payments to landlords through digital modes such as third-party apps, mobile wallets and credit cards surged during the Covid…
Source: Live Mint Many investors are comfortable with equity and channel their surplus funds into real estate to gain the twin benefits of appreciation and rental income on such property. On the other hand, some people do not prefer to invest in a house for personal use and instead opt to pay rent for their…
Source: Live Mint Are you prompt in paying rents to your landlord? If you are consistent with rent payments and live in Mumbai, you would be able to avail loans on that basis alone soon. Regular payments would also earn rewards, a rent credit score and a Residence Card (R-Card) that would store all the…
