How Late or Missed Payments Affect Your Credit Score in India (DPD Explained)
In short: A missed EMI or card payment is recorded on your credit report as “days past due” (DPD) for that month. One payment a
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In short: A missed EMI or card payment is recorded on your credit report as “days past due” (DPD) for that month. One payment a
In short: Maxing out a credit card lowers your CIBIL score because of credit utilisation: the share of your card limits you are using when
Evaluating a personal finance advisor in India can be a crucial step in ensuring that your finances are managed in a professional and effective manner.
Loan restructuring is a financial strategy that can help individuals and businesses manage their debts more effectively. It involves modifying the terms of your existing
The start of a new financial year is an excellent time to reflect on your personal money habits and make resolutions to improve your financial
FAQs about Refinancing a Personal Loan in India 1. What is refinancing a personal loan? Refinancing a personal loan involves taking out a new loan
When it comes to securing a loan, borrowers in India often find themselves searching for the best terms and conditions available. However, many overlook a
Personal Loans in India: Going Paperless Introduction Personal loans are unsecured loans that are typically used for personal expenses such as home renovation, travel, medical
Personal loans are a popular option for meeting financial needs like paying for education, medical bills, or even a much-needed vacation. However, sometimes circumstances can
Unexpected expenses are the bane of a young household. Young families face their unique challenges. Below are 8 tips for managing your family finances that
1. Adopting financial discipline The stock market, bond market and other financial markets have come down heavy under the hammer of coronavirus. Companies have begun
The COVID-19 pandemic has had a major effect on our lives. Many of us are facing challenges that can be stressful, overwhelming, and cause strong
Here is a comprehensive guide on how women can manage their finances effectively in the year 2021. A women’s best protection is a little money
Indian women have started earning decent money and thus are becoming financially independent. However, financial decisions are still being taken mostly by their fathers or
The COVID-19 pandemic killed more than 1.7 million people worldwide, an undeniable and at least partly avoidable tragedy. Millions were thrown out of work, although
The ongoing coronavirus pandemic has hit India’s economy hard, triggering a credit crunch for many. The calamity has made many people realise the importance of
In short: UAN stands for Universal Account Number: a 12-digit number the Employees’ Provident Fund Organisation (EPFO) gives each member, which stays the same for
Cheque Truncation System or CTS is the cheque clearance system introduced by RBI to fasten up the clearing of cheques. In this system, instead of
There is one aspect where Indian women still need to catch-up it’s managing their finance independently. There is still a dependency, especially among Indian women,
Wellness is about the integration of all states of physical, mental and spiritual well-being. Each of the eight dimensions of wellness acts and interacts in
With the economy slowing down and many investment products failing to meet investors return expectations it is normal for the common people to feel unsure
What is a Demat account? Demat is an electronic account which is used to keep eligible scrips in the dematerialised form. In the past, shares,
With the economy slowing down and many investment products failing to meet investors return expectations it is normal for the common people to feel unsure
1. Use a Portfolio Tracker Do you know how your funds did in 2019? Or how much returns have you earned in the past three
With the economy slowing down and many investment products failing to meet investors return expectations it is normal for the common people to feel unsure
Financial goals are savings, investment or spending targets you hope to achieve over a set period of time. The stage of life you’re in usually
What happens for the rest of their lives, when they have to manage money on their own? That’s the more important legacy you can give