How to Deal with an Untaken Loan Showing on Your CIBIL Report
Finding a debt you never took on your CIBIL Report can be alarming, especially when you are unsure whether it is a reporting error, a duplicate account or possible identity misuse. Knowing how to challenge an unknown debt can help you protect your credit history and take the right action before the issue causes further […]
Harassment By EMI Vendors Led To Art Director’s Death
Finance officers of loan companies can sometimes contribute to severe mental stress in people through various actions and practices. It’s important to note that while some individuals in these roles may engage in questionable or unethical behavior, not all finance officers or loan companies are involved in such practices. Today we have heart-wrenching news on […]
How to Raise Your CIBIL Dispute and Improve Your Score
A CIBIL dispute refers to the process of raising a formal complaint or disagreement with the Credit Information Bureau India Limited (CIBIL) regarding any inaccuracies or discrepancies found in an individual’s credit report. What Is CIBIL Dispute All About? A credit report is a comprehensive record of an individual’s credit history, including details of their […]
How to Remove Name from CIBIL Defaulters List?
Have you found yourself caught in the challenging position of being named on the CIBIL defaulters list? You should investigate what caused the default and take steps to rectify it as soon as possible. This could involve contacting the lender to arrange a payment plan or appealing to the credit bureau to remove the default […]
Does stop payment affect your credit
It’s crucial to understand how certain decisions can effect your credit score when handling your finances. Stop payments, as the name suggests, are a type of financial word that relates to telling your bank to cancel a previously authorised cheque or payment.This article’s goal is to explain the consequences of making a stop payment and, […]
Government Has Brought Credit Card Spend Under LRS Ambit
The Central Government has changed the Foreign Exchange Management Act guidelines to include credit card spending outside of India under the Liberalised Remittance Scheme (LRS). As a result, from July 1, such credit card transactions will be subject to a 20% tax collected at source (TCS). The amendment was implemented this week by the Central […]
Loan app scam: New way to fool people this festivities
With the upcoming celebration of Ganesh Chaturthi in Mumbai and other parts of the country, it is getting excited and thrilled. However, there is still a haunt of loan app scam fooling people into taking loans from illegal apps for the celebration of Ganesh Chaturthi. Recently, a news story was highlighted like any other. A […]
Reasons Why You Have A Low CIBIL Score?
Taking a loan or issuing for a credit card can be an issue for you if you have a comparatively low CIBIL score. To know about how to have a good CIBIL Score, firstly we need to know what is a CIBIL Score. What is a CIBIL Score? The full form of CIBIL is basically […]
The 900-Credit Score: What it Means and How to Get One
Your credit score is the most important factor affecting your future purchases. This three-digit number indicated your creditworthiness or the likelihood that you’ll repay money you borrow. It is generally considered that a credit score in India ranges from 300 to 900, with 900 being the highest and 300 the lowest, which is considered poor. […]
Money Management Basics: Top Tips for How to Manage Your Money
From paying off debt to maintaining savings for the purpose of emergency savings in the bank, your financial fate hinges on key management basics. It is important to get familiar with the fundamentals of how to manage money from the base of ground to achieve your financial goals. Once you successfully manage your money, it […]
