BNPL or Buy Now Pay Later, is a method of payment that allows you to purchase without having to pay immediately
Increased economic activity, combined with the festive season, would allow for a moderate rate of spending increase in the medium term
Some cardholders misuse their cards by making unwise purchases, and as a result, their credit card debt piles up
Never use your emergency savings to pay off a bill unless you are severely in debt or a true emergency circumstance
If you don't make your monthly credit card payment by the due date, the bank will charge you a late fee
If you have accrued a credit card bill that's keeping you awake at night because of the interest, use your tax refund to pay it off.
Customers will be able to get personal loans starting at 10.25% with fast disbursement in their accounts, among other incentives.
According to the Reserve Bank of India, the total number of credit cards was at 63.4 million by the end of July
You should set aside anything from 10% to 15% or even 20% of your salary as savings
If you're concerned about your high debt-to-income ratio, consider the following factors that will assist you in managing your money more effectively