Understanding DPD in CIBIL Report

Personal loans Understanding DPD in CIBIL Report Your Credit Information Report (CIR) provided by Credit Information Bureau India Limited (CIBIL) contains vital information about your credit history, which lenders use to assess your creditworthiness. One essential aspect of the CIBIL report is the Days Past Due (DPD) information. DPD reflects your repayment behavior and plays […]

Does Checking Credit score lowers it

Personal loans Does Checking your credit score lower it? People rely heavily on loans these days to fulfil their needs and wants. Getting a loan which used to be a big hassle in the bygone days, has now been simplified and one can easily apply for any type of loan online from the comfort of […]

Personal Loan with low credit score

Personal loans Personal Loan with low credit score Lenders approve personal after evaluating the applicant’s credit score. The Credit score is an indicator of a person’s creditworthiness. The score summarizes your credit history, such as the amount of loan you’ve taken, how you’ve repaid it, and other parameters. The lender will evaluate the risk associated […]

Short term loans for Salaried Employees

Personal loans Short term loans for Salaried Employees Banks and NBFCs provide short term loans to salaried employees because of the income guarantee. Especially, government employees are at the top when it comes to being preferred customers, because of the job security. These are followed by employees working in MNCs and corporates. Short terms as […]

Personal Loan vs Credit Cards

Credit Cards Personal Loan vs Credit Cards – Which one to use? When it comes to meeting an urgent expense, people have two options, either take a personal loan or use their credit card. It is important to consider your needs and circumstances. Both have their own sets of advantages and disadvantages, here how you […]

how much should you pay on your credit card?

Credit Cards How much should you pay on your credit card? Credit cards have become an essential financial tool for many individuals, offering convenience and flexibility in managing expenses. However, it’s crucial to understand the significance of paying more than the minimum amount due on your credit card. In this comprehensive guide, we will explore […]

Check how to Calculate and Convert the Credit Card EMI

Credit Cards Check how to convert and calculate the Credit Card EMI How Credit Card EMI is calculated? One of the enticing components associated with credit cards is the option to convert your purchases into Equated Monthly Instalments (EMI). The EMI facility in credit cards comes into play when the amount is very large that […]

What is a Debt Trap in a credit card?

Credit Cards What is a Debt Trap in a credit card? One of the main issues affecting people financially is falling into a debt trap. Getting into a debt trap is a serious issue and once they enter into it, it may wreck their peace and well-being. The main problem with debt trap is you […]

Linking Credit Cards with UPI

Credit Cards Linking Credit Cards with UPI How can Credit Cards be linked with UPI? Credit Cards are no stranger to getting new features. From the days of their inception, Credit cards have evolved a long way. Now credit cards can be linked as a payment method in UPI applications like Phonepe, Gpay etc. This […]

Documents Required for credit card approval

Credit Cards Documents required for Credit Card approval The demand for credit card has touched an all-time high. Many banks are offering credit cards with lots of unique features and benefits across a variety of categories spanning lifestyles, travel, shopping, fuel, dining, and entertainment. For availing a credit card, you need to submit a set […]