Those who are already under heavy debt, should avoid increasing it, particularly through the credit cards
Money9 Helpline hosted Abhinav Kaul, senior director – strategic partnerships of Bank Bazaar to resolve queries on how to maintain a good credit sco
Here is a low-down to what happens to outstanding loans in case of the sudden demise of a borrower.
The specifics vary according to the type of loan, but you can generally anticipate a bad reputation for your credit history if you missed EMI
A credit card against a Fixed Deposit is like borrowing your own money where FD acts as a security or collateral
Just like we teach our kids good etiquette, healthy eating habits, how to stay physically fit, imparting basic financial lessons is equally important
A credit score of below 649 is considered a poor CIBIL rating and a lender may reject your loan application
Known as Titan Pay, Titan and SBI are launching a range of stylish new watches with contactless payment functionality for the first time in India
Credit cards are like double-edged swords. They're helpful during an emergency but it takes no time for them to become a burden
A high interest rate on credit cards, as high as 40-50% per annum, along with late payment fees, is very difficult to handle for any individual