Make Your Money Work For You
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Transitioning from tenant to homeowner is a significant milestone in life. This journey involves understanding the financial, emotional, and practical steps to make homeownership a reality. Whether you’re a first-time buyer or looking to upgrade, knowing the essential aspects of this transition will help ensure a smooth and successful shift from renting to owning your …
Before starting this blogpost, I would like to give a disclaimer that I am not a proponent of credit cards, and hence I do not recommend buying a credit card. The purpose of this blog is to make readers aware of how to choose the best credit card for your needs, if at all you …
The number of non-performing assets in private sector banks’ portfolios of unsecured loans, which comprise personal loans and credit cards, has increased recently. In this blog-post, we will discuss some tips for those who are approaching default or are afraid that their credit score may drop as a result of missing loan payments. Avoid over-leverage: Over-leverage …
I’d like to begin this blog post by stating that I never recommend that any of you borrow money to buy a car, as you may be aware that a car is a depreciating asset and thus what you spend on it, whether out of pocket or with loan interest, is always a financial burden. …
For most house buyers, obtaining a home loan is the only option to realize their home-ownership dreams. While most purchasers focus on interest rates when selecting a loan, there are additional elements to consider so that you can increase your loan approval prospects at a reasonable cost and ensuring consistent repayment of loans. In this …
A solid credit score is an important aspect of one’s credit history. A credit score is a figure that falls between 300 and 900. The score is better when it is closer to the upper end of this range. Credit score takes tremendous importance as it is one of the primary elements utilized by a …
Many of us would have faced economic slowdowns in their lives. Many economists, business leaders, and experts predict economic slowdowns: some happen, but some do not happen. Strengthening your financial position is crucial during such times of economic slowdowns. Build a solid budget, boost your cash reserves, reduce debt, protect your credit, and take proactive …
Monitoring your credit report frequently is a smart practise since improving your credit score takes time. Nevertheless, watching your credit report frequently will also assist you in recognising identity theft sooner. Indian borrowers are becoming more aware of the importance of monitoring their credit record and score. According to a TransUnion CIBIL study, 23.8 million …
Introduction We humans are naturally drawn to prizes and discounts, and it is quite hard to pass up a good reward or a great price. Everyone enjoys a discount or payback when making a purchase, no matter where they reside or what social class they belong to. We may have come upon the concept of …