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
Knowing the factors influencing credit score while availing of loans and credit cards in India is vital. Though everyone is aware of most of the key drivers, there are some hidden factors that influence credit scores that the borrowers themselves are not aware of. These important factors impact credit scores and are rarely highlighted by … Read more
Closing out old accounts of credit is a serious decision when it comes to your credit score, one that most people are unaware of. With so many Indian consumers looking for ways to mend their credit well-being, it is important to look at the effect closing out old accounts has. This particular write-up is dedicated … Read more
While the Public Provident Fund (PPF) has lost some of its sheen over the years as interest rates have slipped gradually — 7.1% at present — several investors still prefer it given the tax benefits it offers, the safety of government backing and stability as a debt investment. Although the PPF has a 15-year maturity, … Read more
A sudden drop in your credit score can be a shock, especially when you do not know why this has occurred. For borrowers in India, a good credit score is the key to taking personal loans and credit cards at the minimum rate of interest possible. That is why knowing about your credit score drop … Read more