[ad_1] When you apply for a personal loan or any other loan, you must fulfil the bank’s various eligibility criteria. The bank performs the eligibility check to evaluate whether you qualify for the personal loan. The broader eligibility criteria are the same for most banks. However, within each eligibility criteria, the bank may define its…
[ad_1] Credit cards are credit instruments. They help users in securing credit on the promise of making payments within the stipulated time as per the contractual commitments between the credit card user and the lending institution. Now, cancelling a credit card comes with its own complexities, issues and problems. It can definitely impact your credit…
[ad_1] Aiming for an 800 plus credit score is a good financial goal as it can elevate your profile to the level of ‘extra ordinary’ people. With this score, you can access best interest rates on loans, premium credit card offers, and very convenient terms on loans. Here, we give a snapshot of tips that…
[ad_1] Personal loans are immensely popular financial tools for addressing diverse needs and aspirations of borrowers such as medical emergencies, education, home reconstruction etc. Still, what happens if you have one personal loan already on your name and need another? The answer for the same lies in your financial profile, credit score, repayment capacity and…
[ad_1] Sometimes, individuals come across situations that can drain their finances or lead to income stopping. For example, a major medical emergency, accident, etc., can lead to a huge hospital bill and drain personal finances. A situation like Covid led to many people losing their jobs, a pay cut, etc. During such situations, servicing personal…
[ad_1] Credit cards can be a smart way to make transactions while saving money. However, this can also make you form a habit of overspending through which you may end up with a big fat bill which may become difficult for you to repay on time. If you are an IndusInd Bank credit card customer,…
[ad_1] Credit score plays an important role in securing a credit card or raising a personal loan on convenient terms. And when someone’s credit score is absymally low i.e., below 600, s/he finds it hard to get a loan at a low rate of interest. What will you do when your credit score is lower…
[ad_1] With its dynamic nature and boundless potential, the travel industry is one that provides businesses the ability to thrive. Continuing with the process of taking a business loan for use by travel organisations will give you the money you will need in order to thrive in a competitive market. Understanding business loan for travel…
[ad_1] A credit score is an important indicator of your creditworthiness and loan repayment capacity. It also plays a crucial role in determining your home loan eligibility and the interest rates applicable to it Banks and financial institutions increasingly rely on an individual’s creditworthiness, repayment capacity, and financial integrity to mitigate the risks of defaults…
[ad_1] To lay the groundwork for future financial goals, students need to build a robust credit score. This helps them maintain a clean credit profile and boosts their repayment capacity. A clean credit profile and strong credit score, anything above 750, helps immensely when applying for loans and new credit cards, renting apartments or even…
