Joint Personal Loan: Important Things to Consider Before Opting

Getting a joint personal loan is a great option to avail of a sizeable loan amount if you’re unable to meet the lender’s criteria independently. With the fintech advancements, personal loans are more accessible than ever, but availing them can be a hassle if you don’t meet the lender’s criteria.  To overcome this, lenders allow …

Know What’s a Credit Builder Loan & How to Build a Better Financial Future

A credit builder loan does not operate like a regular loan. As the name suggests, this specific type of loan caters to anyone who wants to improve their credit score. Whether you are new to credit or don’t have a good credit score, opting for this type of credit is beneficial.  Read on to learn more about this type of loan, …

Advance EMI Payment: What It Is, How to Pay & Key Benefits

Yes, you can pay your EMI in advance if your lender allows it. If you are wondering can I pay EMI in advance or can I pay EMI before due date, the answer is usually yes. You can do it through your lender’s app, website, net banking, UPI or other approved payment modes. Advance EMI payment helps you avoid missed due dates, reduce repayment stress and, in some cases, save on interest.  However, before you proceed, check …

What is Creditworthiness: A Guide to Improve Credit Score

Do you know what creditworthiness means and why it is an essential part of your financial health? It simply enables you to get credit on time at lower interest rates. Financial companies check it based on a 3-digit score report generated by credit bureaus. Evaluation of this score takes many factors into account. Learning about …

Credit Card Statements: What you need to know

A credit card statement is a summary of your card usage within a billing period. Simply put, it shows how much of your credit card limit you have used and how you have utilised it, i.e., the transaction details.  Knowing what your credit card statement entails is important for better financial planning and management. That’s …

Credit Card Balance Transfer: What you need to know?

If your’re struggling to pay your credit card bills due to high interest rates, then a credit card balance transfer may be an optimal solution. Often, people cannot completely pay off their credit card dues, as the interest increases with every billing cycle based on the outstanding amount.  In such a case, opting for a balance transfer …

How to Convert Your Credit Card Bills Into Affordable EMIs?

Knowing how to convert credit card payments to EMIs is crucial to spread out the cost of your large purchases and make them more manageable. Opting for this can help ease the burden of repayment and keep you on track with your budget. To explore how to convert your credit card payments into EMIs, the …

RuPay vs Visa: Which Card Is Right for You?

RuPay is India’s domestic card network. It is designed to make local transactions affordable and efficient. Visa, on the other hand, is a global payment network accepted in most countries. Choosing the right card network matters more than you think. The difference between Rupay and Visa cards mainly comes down to where and how you …