The Price You Pay for Not Asking Your Bank

Home loan interest rates have risen over the 15 months. When interest rates rise, the default response by the banks is usually to increase the tenure while keeping the EMI constant. If the tenure can’t be increased because of the loan tenure breaching the contracted tenure or because you don’t want to pay for a… Continue Reading

What Happened to My Reward Points?

Do you use credit cards for cashbacks, discounts, and rewards points? Many of us do. What if the bank were to suddenly reduce such benefits on your credit card? Why Would Your Bank Reduce the Benefits? Yes, the customer may get annoyed and feel cheated. You may use the card less or even stop using… Continue Reading

SBI Cashback Credit Card: Our Review

Recently, I found out about SBI Cashback credit card and found its features and benefits quite simple. In this post, let us review the product features and how it fares against two popular cashback credit cards. Amazon Pay ICICI Credit Card and Flipkart Axis Bank Credit card. Major Benefits and Features of SBI Cashback Card… Continue Reading

Are You Still Revolving Your Credit Card Debt?

Credit card debt is the most expensive debt in the formal finance sector, with the annual interest rates ranging from 30% to 45% p.a. Hence, you should try to avoid revolving your credit card debt. “Revolving” means not paying your credit card debt in full and carrying forward unpaid amounts to the next cycle. The… Continue Reading

HDFC Merger: Will Your Home Loan Interest Change?

HDFC Ltd. merged with HDFC Bank effective July 1, 2023, and thus HDFC Ltd. ceased to exist from July 1. Does that affect the home loan borrowers from HDFC? What Happens to the Existing Home Loan Borrowers with HDFC? HDFC Bank has released FAQs for the existing HDFC home loan borrowers and loan applicants. You… Continue Reading