[ad_1] Credit cards are crucial for Indians, offering easy access to credit and helping build a strong credit history. The total number of credit cards in India is projected to grow and reach 200 million by FY28-29, growing at a CAGR of 15% according to a report by PwC. Over the last five to six…
[ad_1] A good credit score holds immense value in India while applying for credit cards and loans. While loan repayment and usage of credit cards form most of your credit scores, people often ask if they will remain creditworthy even if they settle bills such as their mobile bill. How is your mobile bill going…
[ad_1] Indian banks have rapidly expanded their credit card operations. Due to this nearly 11 crore outstanding cards are in the system as of early 2025 according to Reserve Bank of India data. This growth is driven by a highly profitable business model that generates strong revenue from interest rate charges, fees, and merchant transactions….
[ad_1] Several different forms of debt such as credit cards demand personal loans and medical expenses become complicated to handle at once. You can simplify debt repayment through debt consolidation loans which also help you decrease both interest costs and payment complexity. Understanding this choice requires specific information for potential applicants. What is debt consolidation?…
[ad_1] In today’s consumer-driven world, buying electronic gadgets and more has become much easier with attractive EMI (Equated Monthly Instalment) options. EMI options have given consumers the flexibility to make high-value purchases without immediate full payment, enabling better financial management. Among the various EMI options available, no-cost EMI stands out as an attractive choice for…
[ad_1] As India goes digital in payments, virtual credit cards are being touted as a secure and convenient substitute for the trustworthy much used older cards. These credit cards make the process of payment more seamless and easier for users and ensure that the entire transaction remains secure, digital and swift. Still, are they actually…
[ad_1] In the current fast-paced world, youngsters, particularly Gen-Z, are expected to recognise the significance of building and maintaining a good credit score. While most young adults prefer using debit cards or digital wallets to avoid debt, ignoring the significance of credit score can have long-term consequences. These are some of the key reasons for which Gen-Z…
[ad_1] In a major step towards improving the timeliness and accuracy of credit reporting, the Reserve Bank of India (RBI) has introduced a new policy mandating banks to report credit bureau accounts on a 15-day cycle from January 1, 2025. This shift from the earlier monthly cycle is expected to give lenders and borrowers a…
[ad_1] Unlike a soft inquiry which is carried out when you check your credit score, a hard inquiry happens when you apply for a loan. This leads to an adverse impact on your credit score, albeit temporarily. It is for this reason that it borrowers are recommended to apply for multiple loans within a short…
[ad_1] Are you overwhelmed by your rising credit card debts? Choosing a balance transfer credit card might offer the best solution when you have accumulated too much debt on your credit cards. This card enables debt transfer from existing credit card accounts to a better rate card which can offer interest-free periods. Reducing your interest…
