From tax-saving tips, ways to manage your loan to personal finance — this is the ultimate finance blog for all your queries.
The festive season is finally here, and it brings with it much-awaited shopping sales. With the global pandemic, there has certainly been a slump in the economy as people have put off making big purchases. But as the economy restarts again, e-commerce giants like Flipkart and Amazon have geared up for major shopping sales. Let’s …
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Based on your loan history (of all kinds), a credit score is a number that measures and rates your financial health. To decide whether to accept someone for a loan or credit card and to determine what interest rate to charge, lenders use credit scores. In order to decide whether to rent your house, give …
Continue reading “Know what your credit score says about you”
Over the years, an individual’s or even an organisation’s creditworthiness has come to be defined by their credit score. A loanee’s traditional data (e.g. credit history, types of credit, credit utilisation, etc.) is usually the only factor considered by credit scoring systems to evaluate their creditworthiness. The problem with this system is that a significant …
Continue reading “Alternative Data Is Now Mainstream in Credit Risk Analysis”
Ever wondered why some women are better than the others at handling finances? Is managing money in a better way rooted in genes? Are some just more intelligent or more qualified? A bit of both perhaps. A 2017 Fidelity study shows that women save a larger proportion of their income than men. Another study built …
Continue reading “5 Habits of Women Who are Smart With Their Money”
Financial literacy enables you to make better financial decisions and avoid fraud. In today’s world, knowing about money management, income, savings, and investment is crucial. This knowledge arms you with the right financial information and the ability to know, monitor, and enhance your financial resources. By leveraging your finances, you can boost your life today …
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Applying for a loan and wondering what bank details can I share when applying for a loan? It’s a very common doubt because your bank statement holds personal financial information. So it’s normal to feel unsure or even worry about misuse. The reassuring part is that sharing your bank statement is safe when it’s done …
Continue reading “Is It Safe to Share Bank Details for a Loan Application?”