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What exactly is a credit score? If you’ve ever tried to buy an expensive item, like a house or car, the finance company has likely informed you of your creditworthiness. This is one of the most important factors that lenders consider when deciding whether to grant you a loan or not. Credit card companies, insurance …
The world has been battling the coronavirus pandemic for more than five months. Although the SARS-Cov-2 infection primarily caused a landslide in the medical infrastructure, it also had a significant impact on other sectors of the economy. The banking sector is one of the negatively affected sectors. On March 27, the Reserve Bank of India …
You may have heard of two types of debt: good debt and bad debt. “Good” debt is money owed for things that can help build wealth or increase income over time, such as B. Student loans, mortgages, or business loans. “Bad debt” refers to things like credit cards or other consumer debt that do little …
Union Finance Minister Nirmala Sitharaman said on Sunday that the overall economic recovery plan for the ATMANIRBHAR BHARAT MISSION was Rs 20.97.053, as it summed up the funds previously spent. According to Nirmala Sitharaman, the first advertising tranche as part of the economic package for Prime Minister Narendra Modi amounts to 594,550 rupees. On Wednesday, …
Life is a path full of ups and downs and anyone can across a situation where you are in an urgent need of money. What would be your first step? Anyone would look for an easiest way out, well it maybe a Payday loan or everyone’s all-time favorite friend, credit card. But it’s not wise …
In real time situations we can come across the need of finance either for our kids for further studies or we have to arrange funds for the grand dream wedding of our daughter. The first question that comes in our mind is “from where to arrange for the money?” Though there are many options available …
The interest rates on fixed deposits have witnessed a significant increase in recent years due to reverse regime of interest rates and these interest rates are definitely expected to increase in near future. In present scenarios we all try to invest in some or the other way and if you are one of them who …
Recently while flipping the pages of my newspaper I saw an article related to financial industry that deals with lending rates. That article was to lighten up our minds with the current changes going on. Many of us don’t know what a little increase in interest rates will bring an impact on our current home …