The FinTech Hub
Source: Live Mint ‘Zero cost EMI’, ‘Buy now, pay later’ and ‘Instant loan in 5 minutes’ – walk into any Indian e-commerce app or fintech lending platform today, and you’ll find these tempting offers staring back. What once was a rare financial tool has now become a lifestyle — and a trap. India is in…
Source: Live Mint When you apply for a loan, you are supposed to follow a long-drawn process that kicks off with background research and culminates into disbursal of money directly to your bank account. Everything else falls within this spectrum. Some applicants tend to get overwhelmed with the information available on public platforms. Meanwhile, one…
Source: Live Mint Converting credit card purchases into EMIs can provide an effective approach to handling a large purchase. Generally, there will be fees associated with this convenience, which may be different based on the credit institution. In order to make sound financial choices in your best interest you need to understand these fees. Factors…
Source: Live Mint Proper money management is important, especially in dealing with credit card spending. HDFC Bank customers can deal with excessive spending without burdening monthly budgets by converting credit card payments into EMIs. This guide provides a comprehensive overview of the steps, benefits, and considerations involved in converting your HDFC credit card payments into…
Source: Live Mint A lot of people may be shocked to discover that a loan can still be declined even if they possess a good credit score. While this may be infuriating, it is important to understand that your creditworthiness encompasses more than a three-digit number. Lenders will review multiple factors before they solidify their…
Source: Live Mint Managing personal loans through EMIs, are key to financial stability and saving borrowed money in the long run. Heavy EMIs can play havoc with your monthly budget, but there are useful tips to ease the burden. To make your financial life simpler, this article talks about some ways to lower the EMIs…
Source: Live Mint Your credit score determines your ability to get loans or mortgages and obtain an apartment through rental agreements in various financial aspects. Your creditworthiness determination depends on lenders seeing how you handle money through your score. Equifax India operates as the credit bureau in India through its legal entity Equifax Credit Information…
Source: Live Mint It may seem challenging to pay enormous credit card bills, but SBI Card offers a simple solution with its ‘Flexipay’ facility. This allows card users to convert credit card transactions into easy monthly instalments (EMIs). Follow the below given simple steps on how to convert your SBI credit card payments into EMIs…
Source: Live Mint Efficient money management necessitates making correct loan selections. EMIs available through credit cards and personal loans allow users to pay over time conditions for urgent or intentional financial requirements. Long-term economic efficiency questions which payment option would be best in the end. The following analysis identifies whether personal loans and credit card…
Source: Live Mint Economic success and creation of new jobs alongside innovation and growth stems from micro small and medium-sized enterprises (MSMEs). Securing finance has always proven challenging due to the necessity of collateral. The program creates an opportunity for MSMEs to acquire loans worth up to ₹1 crore without requiring any security pledges. This…
