Besides the fact that taxes are often perceived as a financial burden, a lack of awareness about financial planning only adds more to the stress. A majority of taxpayers fail to fit the tax-saving piece into their financial puzzle. Maybe it’s time to teach students taxes when they’re still in school to train them for […]
Monthly Archives: October 2020
All You Need to Know About Investing in Mutual Funds- for Beginners
Investments ensure the long-term financial security, which is why investing a portion of your earnings is one of the most important things you can do. Aspiring Indian professionals of today recognize that along with contributing to a financially secure future, investments can also be a steady source of income. Their returns can be channeled into […]
How financial stress impacts job performance
Stress is a universal issue, impacting professionals across sectors, designations, and organizations. It severely deteriorates an employee’s work performance and comes in different forms and shapes. Take financial stress – featuring challenges in meeting loan EMIs, or managing the usual daily bills at times. As any leader may guess, this can be a huge detriment […]
How Safe are Loan Apps?
With rising inflation and instability in markets, daily expenses are increasing, and investment returns may be affected negatively. From paying rent to managing medical costs, you may require funds at any time and a personal loan can help you bridge the gap with ease. Are you wondering, is a personal loan safe? Yes, a personal […]
The best ways to save on big purchases this shopping sale
The festive season is finally here, and it brings with it much-awaited shopping sales. With the global pandemic, there has certainly been a slump in the economy as people have put off making big purchases. But as the economy restarts again, e-commerce giants like Flipkart and Amazon have geared up for major shopping sales. Let’s […]
Know what your credit score says about you
Based on your loan history (of all kinds), a credit score is a number that measures and rates your financial health. To decide whether to accept someone for a loan or credit card and to determine what interest rate to charge, lenders use credit scores. In order to decide whether to rent your house, give […]
A Salary Advance, Now On A Card: Introducing The SalaryCard
The fintech sector has come along in the last half a decade. And so have our aspirations. Those of us fresh into our careers back then have evolved from young professionals building our lives, to aspirational individuals propelled by our own ambitions. In this period, Fibe is proud to have been a true partner – […]
Alternative Data Is Now Mainstream in Credit Risk Analysis
Over the years, an individual’s or even an organisation’s creditworthiness has come to be defined by their credit score. A loanee’s traditional data (e.g. credit history, types of credit, credit utilisation, etc.) is usually the only factor considered by credit scoring systems to evaluate their creditworthiness. The problem with this system is that a significant […]
The RBI Moratorium Saga In 2020: All You Need To Know
The coronavirus pandemic hit economies worldwide, and regulatory authorities like the Reserve Bank of India recognized the hardships that borrowers might be facing in repayment of loans in times of such uncertainty. Hence, as a relief measure, the RBI introduced EMI moratoriums on all term loans in March 2020. This was for a duration of […]
5 Ways to Plan your Monthly EMIs on Instant Money Loans
When it comes to loans, perhaps even before you finalise the loan amount, the first thing that comes to your mind is repayment. This is the right way to go about it as you are responsible for paying your loan on time. So, when you are borrowing, plan the budget accordingly and ensure that it […]