FICO Score Vs Credit Score. What Is The Difference?

Not many are aware that there is a difference between a CIBIL score and a credit score. The former is a type of credit score, whereas a credit score is a measure of your creditworthiness. It is based on your past repayment behaviour and financial standing.  While there are four main credit reporting agencies authorised …

Best Personal Finance Influencers You Should Follow in 2024

Financial influencers in India and abroad share their expertise freely and abundantly via blogs, Instagram, Twitter and more. These influencers’ voices are heard by millions of people and have helped in changing many lives as well.  Take Shark Tank, for example; the show and investors helped save and grow businesses and made many rethink the way …

5 Trends That Will Shape FinTech Industry in a ‘Path-Breaking Year’

Compiled By: Ashish Goyal, Co-Founder and CFO at Fibe About Ashish: As CFO, Ashish oversees the overall strategic direction of the company and focuses on building the funding profile to ensure that it is diverse and deep. In this role, he is responsible for building Fibe’s business, strengthening Fibe’s position. He oversees the integration of Fibe’s …

Learn To Use Credit Card Responsibly

Knowing how to operate credit cards responsibly is crucial, as they come with high interest rates if you do not pay your bills on time. Credit cards provide a convenient way to finance your purchases and offer more benefits and rewards than a debit card. However, using them without clearing your outstanding balance can result …

Covid-19: Fight for Your Claim

As India battles the second wave of the COVID-19 outbreak, questions about health insurance coverage for care have naturally risen. Many of these questions are about particular protocols that must be followed in the circumstance when insured individuals look forward to filing a claim with their insurers for the cost of hospitalisation and treatment for …

Investment Guide for First Jobers

Compiled By: Ashish Goyal, Co-Founder and CFO at EarlySalaryAbout Ashish: As CFO, Ashish oversees the overall strategic direction of the company and focuses on building the funding profile to ensure that it is diverse and deep. In this role, he is responsible for building EarlySalary’s business, strengthening EarlySalary’s position. He oversees the integration of EarlySalary’s …

How to Negotiate a Lower Interest Rate on Loan?

Knowing how to negotiate for lower interest rates on loans enables you to get funding at a lower cost. It also helps you save money while providing some financial leeway. Financial institutions carefully analyse various factors while deciding the terms of your loan, including the rates. These factors include your: So, you need to work …

Know about the 3 loans that give you tax benefit

Tax rebates are certainly an added advantage for several types of loans. Education loans, home loans, auto loans, and personal loans are among them. However, it becomes extremely important to understand that while some loans carry a tax benefit along with then, not all loans do. Any form of loan, no matter how small, is …

Looking for consumer credit options in this economy? Here is how to do it.

Compiled By : Vimal Saboo, Chief Business Officer at Fibe About Vimal: He is a Chartered Accountant and comes with an experience of 22 years in banking and credit domain. In his current role at Fibe, he focuses on building the Credit Risk Profiling system and spearhead Credit Risk, Analytics, Collection & Operations. Retail consumer …