9 Things to Consider before Availing Personal Loan

These days, it is not uncommon to find at least one e-mail per day about instant or pre-approved personal loan in your mailbox.  The creative teams at banks can actually make you feel that the offer has specifically been customized for you. Do not fall for the attractive advertisement. You must avoid personal loans to… Continue Reading

A Credit Card Primer

In this age of consumerism one is lost without a credit card. In developed countries, all retail lending by banks happens through credit cards. In India, banks have categorized retail lending into personal loans, loans for purchase of durable utility articles, vehicle loans, home improvement loans etc., and these are separate retail credit products distinct… Continue Reading

Avoid these common credit card mistakes

“Oh my God, take a look at my credit score. Its awful!” cried my cousin showing his credit score along with the credit information report (CIR). “I have a salaried IT job & a healthy bank balance, have always paid the credit card balance in full and have never taken any loans. And this is… Continue Reading

How to read your CIBIL credit report?

In our last post, we wrote about what is CIBIL score and CIR. We even suggested you to check your report once in a while. Now you can apply for a report online as well. The process is simple and you can get your score via email quickly. By doing so, you can rectify the… Continue Reading

CIBIL Score – An Introduction

What is credit history? If you would know the value of money, go and try to borrow some. – Benjamin Franklin Credit history is the information about your past financial behaviour that takes into account the number of outstanding loans you have, the number of credit card(s) you have, your credit repayment behaviour etc. The… Continue Reading