Notably, if you fail to repay the monthly installments of no-cost EMIs on time, your credit score gets impacted adversely.
Banks are now placing high importance on a loan applicant's credit history, they prefer to lend to borrowers with a good credit history
On selecting BNPL, you will see different alternatives ranging from one-shot payment after 30 days to 3-12 months EMI scheme.
Personal loan: Even if a senior citizen does not receive a pension, he or she still can get a personal loan.
Tips for borrowers: Banks don't like low credit score. So, if your credit score is low, try to increase it.
Festive season loan offers are being announced by several lenders. While the offers may be lucrative, there are ways to get a better deal.
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.
The bank has also reduced the interest rate on the savings account by 10 basis points, with effect from September 1, 2021.
If you want a successful financial plan, instead of falling prey to impractical myths start managing money carefully and efficiently.
Make sure you factor in your monthly investments for crucial financial goals while checking your EMI affordability