Category Archives: Finance

While getting too friendly with credit cards is one of the credit card mistakes to avoid, you need to be diligent during the application process too. While applying for a credit card is a relatively easy process, you may tend to make some common mistakes while you are at it.  These mistakes have consequences – ranging …

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They say the concept of credit is as old as humanity itself; coming into existence even before the concept of money did. The concept of formal credit, however, is a little more recent. On the occasion of the Indian Republic turning 71, we trace the history of the Indian credit sector, and see how it …

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28 year old Sharan would fit check a lot of boxes on the stereotypical millennial checklist. A penchant for eating out from quality food joints, a habit of catching his favorite matches from the neighbourhood sports pub, and a strong desire to flaunt the latest smartphone or take quarterly vacations – Sharan clearly loves to …

Continue reading “Today’s Youth – Broke Millennials or Smart Borrowers?”

At some point in a managerial role, we may wonder if our team is indeed adequately focused to deliver efficient results. A well coordinated team results in faster and more productive output, to the advantage of both the company and the employees. But often the case is such that employees lose touch with this part …

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When you apply for a loan, lenders do not rely on just one number. They look at your overall financial picture. This usually includes your credit score and something called a credit risk assessment. Understanding what is credit risk assessment and how it differs from a credit score can help you see why a loan …

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Why is investing important? It is a question with an obvious but prudent answer. If you are already struggling to manage a monthly budget and repaying debts, you might wonder why should you add another financial task to your to-do list. But, investing might be the most important expenditure of all. Investing is crucial as …

Continue reading “Sound Financial Advice: Invest more, Spend More.”

People often argue if money is the most important thing in one’s life and that money cannot buy happiness. But one thing that we all can agree upon is that money is the second most important thing in our lives because it can buy you time and freedom which is more or less the same …

Continue reading “What’s the best thing money can buy? More Money”

Thanks to the innovations in the fintech sector, borrowing money has never been easier. Among the by-products of the amalgamation of finance and technology are digital lending platforms or instant loan apps that allow people to borrow money in a faster and hasslefree way. Due to their instantaneous lending process and other advantages, digital lending …

Continue reading “Here’s How Instant Loan Apps Are Revolutionizing Credit In India”

Table of contents: Financial stability is a goal most adults work towards and wish to have. Although achieving it can seem intimidating, it is a reliable indicator of your ability to live life to the fullest. The need to feel financially secure and stable comes with adulting and is a commonly seen outlook in young adults of this …

Continue reading “9 Signs you are living a Financially Sound life”

If you’re planning to apply for a loan, one term you’ll often come across is FOIR. For those wondering what is FOIR in loan approvals? It tells lenders how much of your income is already going towards fixed expenses. The FOIR full form is Fixed Obligation to Income Ratio. It’s one of the key factors …

Continue reading “What is FOIR? Formula and Its Impact on Your Loan Approval”