What Is Loan Settlement? Here’s What You Should Know
If you think loan settlement is a positive development for your credit score and is the same as loan closure, then you are mistaken. They are both different terms, that impact the credit score very differently. We will break this
5 Things To Know When Borrowing On A Microfinancing Platform
Microfinancing can work wonders in countries that have a huge population of underserved and under banked people who are traditionally excluded from financial access. The reasons of this exclusion range from absence of credit histories, subpar credit scores, lack of
Personal Loan for Travel: Here Are 5 Things You Should Know
Travel loans are a quick and easy way to finance your travel plans. You can get the funding instantly with minimal documentation and easy-to-meet eligibility criteria. These features make taking a personal loan for travel appealing, both for planned and unplanned
Reasons for Loan Rejection with Good CIBIL Score
Credit scores are thriving in the market, from highly reliable credit bureaus to. It is important to understand the purpose of these different scores and how they impact your credibility as a borrower. There are many factors considered by the other
An Easy Guide to Credit Utilization Ratio
One of the main factors that impacts your credit score is your credit utilization ratio. If you are a credit cardholder, this blog is a must read! What is Credit Utilization Ratio? Credit utilization ratio, also referred to as credit utilization limit,
Top Credit Bureaus in India – All You Need to Know
We often talk a lot about credit bureaus. We know what they do – give out our credit scores. But do you know what the top credit bureaus in India are? And how do they compare with each other? Let’s
Why Is Calculating APR Crucial Before Taking A Loan?
What is the first thing you consider while taking a loan from any bank? Most people will say interest rate. You assume that the bank offering the lowest interest rate is your best option. But you are not told the
Here’s How You Can Spend Responsibly This Festive Season
With Diwali & Christmas around the corner, there is a lot of excitement in the air. Festivals across the globe have always been about gifting and spending time with family. However, in these times of concern and uncertainty triggered by the
What Happens When You Don’t Repay A Loan On Time?
When you take a personal loan from a lender, you automatically enter into legal binding to repay the loan as agreed. Even though you have every intention of repaying the loan, that might not be the case. You get caught
Technology – The Right Way to Financial Inclusion
А mоdern, grоwing аnd rоbust eсоnоmy rests аnd grоws оn the рillаrs оf finаnсiаl inсlusiоn, whiсh entаils рrоviding ассess tо finаnсiаl serviсes аnd рrоduсts tо аll individuаls аnd businesses аt аffоrdаble соsts, in а timely mаnner аnd tаilоred tо their