Your credit score plays an important role in determining your creditworthiness through which lenders evaluate your profile while providing you with credit cards or personal loans. CRIF Highmark is one of the four credit bureaus recognised by RBI which provide credit score. Here is how you can check your CRIF Highmark credit score: Full name: … Read more
Many people link an individual’s overall credit behaviour to their credit score. However, the credit score only summarises it with a three-digit number. There is much more beyond the credit score that can be found in an individual’s credit report. It provides comprehensive details of an individual’s credit behaviour. These details help financial institutions underwrite … Read more
The digital lending sector in India has grown significantly and attracted scammers which push digital lending applications to the market, states FACE (Fintech Association of Consumer Empowerment) in its latest report. The report says that most borrowers take small value personal loans from fintechs. Around 35 percent of loans are worth less than ₹25,000. Loans which … Read more
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 lender … Read more
To escape mounting debt it is important to settle pending loans. Still, it often carries long-term challenges for your overall credit health. Now, as credit management awareness rises across India in 2025, it is crucial to clearly understand how loan settlement can impact your credit score and future borrowing prospects. This write-up is dedicated towards … Read more
A credit score is nothing but a credit profile of an individual. It is a score card that helps in telling the lender as to how creditworthy, honest and sincere the loan applicant is with regards to repayment of their loans. Not only this, an individual’s clean credit profile, a high credit score also signifies … Read more
Personal loans come in rescue when individuals suffer from sudden or unexpected financial challenges. Some major challenges during which personal loans come in handy are: medical expenses, education expenses, surgery costs, marriage expenses etc. Still, even after all the ease such personal loans provide borrowers it has been witnessed that the process of foreclosing i.e., … Read more
Not being in the pink of financial health could prompt you to take out a personal loan. And if your financial situation is bad, you may get tempted to take out a personal loan in a jiffy. Although it is not recommended to borrow money without exercising due caution, but if you cannot help doing … Read more
Balance transfers together with loan refinancing help people address the challenges associated with debt management. These debt reduction solutions have separate functions for your finances although they fulfil different goals depending on your financial needs. Knowledge about credit points stands essential for making wise financial decisions that respect your monetary targets. What is balance transfer? … Read more
Your credit score needs to be enhanced in order to secure loans and credit cards at fair rates of interest. One of the most effective means of diversifying your credit mix and how exactly it can serve to enhance your creditworthiness will be illustrated below in this write-up. Knowing credit mix Credit mix refers to … Read more