How to Dispute Errors in your Credit Report?
Credit bureaus in the country collect individual data and prepare a credit report. They also calculate the credit score using their proprietary algorithm. However, there could be errors in your credit report that can hamper your chances of getting a loan approval. If you identify an error on your credit report, you should start by […]
How to reduce your Health Insurance Premium?
With COVID on the rampage and claims likely to shoot up in the coming months, health insurance premiums are predicted to rise. This may be a one-off reason, but have you wondered why you keep paying more for your health cover at renewal? Among the various factors, insurers are allowed to review and revise costs […]
Aadhaar Frauds
Aadhaar is one of the most powerful instruments in India today. UIDAI has generated 1.21 billion Aadhaar cards till date and has covered more than 95% of the Indian population. With the scale of information stored in the database of UIDAI, it has become the most substantial treasure. However, the Aadhaar Act prevents any organisation […]
What happens if Bitcoin crashes to zero?
Bitcoin has mostly gone “up and to the right” for much of its existence, with its price climbing from essentially zero to as high as $60,000 in under a decade. The original cryptocurrency is now one of the largest currencies in the world, and in its short lifespan has become one of the most profitable assets of all time. Quick check: Check […]
FIRE – Financially Independent and Retire Early
The Financial Independence, Retire Early movement, or FIRE, is a group of people trying to gain financial independence by amassing enough wealth and cutting their expenses so that they can retire extremely early. Many FIRE proponents are looking to retire in their 30s or 40s. Shockingly, 67% retirees work to earn bread and butter and […]
Credit Card over Limit Fee
Each credit card comes with an upper limit for spending in a billing cycle. This is called the Credit Limit. A credit limit is set on your card when it is issued. The limit is set based on your credit score, your income and other factors like the amount of debt already held by you. The policies […]
What Is Credit Card Data Breach?
Quick check: Not sure a loan app is genuine? Check it in our directory of loan apps and their RBI-registered lenders, and see what to do if your loan app disappears from the Play Store. For example, see Buddy Loan and True Balance. Credit Card Data Breach A data breach can be defined as an […]
What if Bitcoin crashes to zero?
Bitcoin has mostly gone “up and to the right” for much of its existence, with its price climbing from essentially zero to as high as $60,000 in under a decade. The original cryptocurrency is now one of the largest currencies in the world, and in its short lifespan has become one of the most profitable assets of all time. Quick check: Check […]
Guide to Compare the Best Small Business Loan in India
Business Loan interest rate starts from 14.99% onwards per annum. However, other factors to influence the final commercial business loan interest rates decided by the lender that includes applicant’s profile and creditworthiness, business plan, credit score, required loan amount, repayment tenure, business vintage and profit, with various other financial aspects. Business loans are designed to help small […]
Will VPF be a good choice for Retirement Saving?
VPF is a voluntary increase in the contribution towards PF, with no matching contribution from the employer. Since the amount is deducted even before the salary is paid, it is a disciplined way to invest. The investment earns a fixed interest each year, as declared by the government. The contributions are also eligible for deduction […]