Dream of higher education of large number of promising students remains unfulfilled due to lack of money. Education loan proves to be an attractive
Some cardholders misuse their cards by making unwise purchases, and as a result, their credit card debt piles up
Your credit score will rise as long as you make your loan and credit card payments on time
Credit score: There are five main factors evaluated when calculating an individual's credit score.
Never use your emergency savings to pay off a bill unless you are severely in debt or a true emergency circumstance
Banks are now placing high importance on a loan applicant's credit history, they prefer to lend to borrowers with a good credit history
It is not a good sign if you have a lot of queries for loans within a short time period, such as personal loans, vehicle loans, etc.
CIBIL score: Almost 40% of the applications are rejected due to low CIBIL score, according to a study.
The CIBIL score 2.0 introduces a risk index score range for individuals with less than six months of credit history
The study revealed there is a marked preference in demand for personal loans and consumer-durable loans across age groups and regions