Credit-driven expenditure grew during the pandemic but moving to an over-leveraged position can be against the interest of individual and collective
On selecting BNPL, you will see different alternatives ranging from one-shot payment after 30 days to 3-12 months EMI scheme.
The monthly value of transaction involved jumped by 258% and volume of transaction by 135% in the past 16 months.
There is a process one needs to follow and must also account for the consequences of closing a card.
The importance of credit cards in your life is dependent on how you use and repay them
Money9 Helpline hosted Rachit Chawla, Founder, Finway FSC to explain how to build a strong credit score and improve it over time.
The RBI has mandated banks to offer a three day grace period for customers to pay outstanding total due amount mentioned in the statement.
Four big private lenders, largest public sector bank and two NBFCs are currently offering these credit cards to their customers.
Secured credit cards can be a great substitute/alternative for those who are unable to get regular credit cards due to non-compliance of rules.
Transaction up to Rs 1 lakh is eligible for this EMI facility with tenures of 6/9/12/18 months.