The FinTech Hub
Source: Live Mint Are you planning to raise a personal loan while your credit score is lower than 700? And what if it is even lower than 650? There are some banks which give loans to applicants who have a slightly poor score however, the loan amount can be lower, or the interest rate could be higher….
Source: Live Mint IDFC FIRST Bank, in partnership with RuPay, has announced the launch of the UPI-enabled FD-backed secured credit card. Known as FIRST EARN, it is backed by fixed deposit, thus enabling everyone to avail it. It also offers cashback on UPI payments thus making the product rewarding for users. Additionally, fixed deposit creation…
Source: Live Mint Have you ever come across someone who is not eligible for a credit card because they have a poor or no credit history to build credit. Or the applicant has an income which is lower than the minimum eligibility criteria for the card? Well, this is not unusual. In such cases, banks tend…
Source: Live Mint Are you looking to build a credit history? But you need a credit history/score to get a credit product that can help you build a credit history. This can make it difficult for a lot of individuals to build or rebuild a credit history. Building a credit history or having a good…
Source: Live Mint Most major banks have a cut-off age of 60 for credit cards, with a few allowing those up to 70 years of age to apply for one. This prevents many senior citizens from getting credit cards even if they fulfill the income and credit score criteria. However, there are workarounds. A credit…
Source: Live Mint A credit card is a financial tool accessible to many, unlike the common belief that it can only be availed by people with good credit history. You may often wonder if there are many conditions to getting a credit card. However, some credit cards do not require such conditions. Secured credit card…
Source: Live Mint Getting a credit card primarily requires a good credit score for issuers to approve credit card applications. A credit score signifies the creditworthiness of a credit card user; hence, it becomes an essential factor for issuers to determine your ability to repay credit card dues. There is a chance of rejection of…
Source: Live Mint If you are planning to apply for a credit card, remember that you need to first build a credit score. And if your credit score is low, you need to take some substantive steps to improve your score. It is vital to mention that the credit score is not permanent and one…
Source: Live Mint What would you do when you don’t have a credit history or a bad one and intend to procure a credit card? likely than not, your credit card application will get rejected. But as they say — there is always a light at the end of the tunnel for the optimists. Such…
Source: Live Mint Are you planning to apply for a new credit card but struggle to get a credit score good enough to procure a card? Well, you are not alone. This problem is quite prevalent. There could be a lot of reasons for the poor credit score, also known as CIBIL score. And once…
