Importance of Credit Score
Have you ever wondered how lenders decide if you qualify for credit? Well, each person has a credit file which carries a score that decides importance Have you ever wondered how lenders decide if you qualify for credit? Well, each person has a credit file which carries a score that decides importance of credit score […]
Banks and Banking Systems in India – Origin and Evolution
What is a Bank? Most of us are familiar with the banks and banking systems in our daily life as we must have seen our parents either drawing out cash or making deposits into their bank accounts. Back in the day, some of us would have accompanied them waiting in the long queues of the […]
Which Debt Solution is Suitable for You in COVID19?
Which Debt Solution is suitable for you in COVID19? When the whole world faced the COVID-19 pandemic, many people lost their jobs, businesses were shut down and income was heavily impacted. In order to meet the cost of regular needs, many people borrowed money, taking personal loans from banks, family and friends. COVID-19 not only […]
How Much Credit Card Debt is Too Much?
How Much Credit Card Debt is Too Much? Are you relying more on your credit cards than you should be? How do you know if you are relying on too much credit? The answers vary from person to person and their financial situation. However, there are a few general tips that everyone should follow to […]
Easy Ways to Make Monthly Payments
Easy Ways to Make Monthly payments Spending on your credit card is easy but paying back your credit card bills can take some discipline for some people. It sometimes takes some planning to make your payments on time. In order to stay away from missing payments which can turn into debt, we have given you […]
3 Warning Signs of Having Too Much Debt
If you don’t know how much debt is too much, and you’re worried that you’re heading into the deep end, then you’re not alone. The majority of people in India are struggling from being in too much debt. One main problem is people not knowing the available solutions to this issue and end up borrowing […]
5 Principles for Debt Management
Managing multiple EMIs, credit card dues or outstanding debts can quickly become stressful, especially when repayments start taking up a large part of your monthly income. The Reserve Bank of India (RBI) has reported significant growth in personal loans in recent years, highlighting how increasingly common unsecured borrowing has become among Indian households. As borrowing […]
3 Benefits for Debt Settlement – Single Debt
3 benefits for debt settlement For anyone who is servicing multiple debts, they can face many difficulties. With multiple monthly payments, it can be challenging to balance the budget and the outstanding loan balances. And if it turns out wrong or your recovery agent starts harassing you for the repayment of the outstanding amounts, your […]
What’s the Difference Between Debt Consolidation and Debt Settlement?
What’s the Difference Between Debt Consolidation and Debt Settlement? Debt consolidation and debt settlement are both financial components for improving debt load. These components work quite differently and are used to resolve many debt-related issues. Debt consolidation and debt settlement are both forms of debt relief that may help you manage your debt, but they […]
5 Main Components of Financial Literacy
Five main components of financial literacy Financial literacy is the capacity to understand and execute certain financial skills that can improve your money management. Growing a strong foundation of financial literacy can make it easier for people to achieve their financial motive and avoid major pitfalls that can harm their financial wellness. Hence, we have […]
