Credit card delinquency is a serious issue that can have a negative impact on your finances and your credit score. It occurs when you fail to make at least the minimum payment on your credit card bill for 30 days or more. There are a number of reasons why people may become delinquent on their credit card payments. Some common causes include: If you become delinquent on … [Read more...] about What Is Credit Card Delinquency? How Does It Affect You? What should you do to Avoid It?
CIBIL score
Pros And Cons Of Increasing Your Credit Card Limit – How To Increase Your Credit Card Limit?
You might have already received calls from your credit card company, or the bank about increasing your credit card limit. Or you may need to increase your credit card limit to suit your spending needs. It is important to note that increasing your credit limit can have positive and negative consequences. What is a credit card limit? A credit card limit is the maximum … [Read more...] about Pros And Cons Of Increasing Your Credit Card Limit – How To Increase Your Credit Card Limit?
Do You Know How A Surety Signature Affects You? Loan Guarantor Risks | Awareness
When someone applies for a loan, depending upon the type of loan, a surety signature would be required. The rules, guidelines, and requirements to provide loan to a person will vary from bank to bank. Every financial institution will have their own set of guidelines for the process. Depending upon the amount of loan you apply for, and also depending upon your income … [Read more...] about Do You Know How A Surety Signature Affects You? Loan Guarantor Risks | Awareness
How to improve your CIBIL score – Practical, working tips
In the last video, we saw what a CIBIL score is. In today’s video let’s see how you can improve your CIBIL score. Maintaining a good CIBIL score is a good and essential thing. Not just for getting a loan, but it displays your good financial status. Also it is a self assuring thing to have a good CIBIL score as it means that you manage your money well. A good CIBIL … [Read more...] about How to improve your CIBIL score – Practical, working tips
What is a CIBIL score? Why is it important?
When you go to any bank in order to apply for a loan, the bank will look at your CIBIL score. Not just banks but any organization that you approach for a loan, will look analyze your credit standing or credit history by looking at your CIBIL score. If your CIBIL score is good, then the bank or the financial institution will look at the other elements and consider … [Read more...] about What is a CIBIL score? Why is it important?