Step Up Credit Card is a secured credit card, backed by a FD Aimed for consumers, who are new to credit or have damaged credit The card has an end-to-end digital process, with instant issuance and activation First in line in Paisabazaar’s neo-lending strategy, aimed to drive inclusiveness Gurgaon, June 22, 2021: Paisabazaar.com, India’s…
For the common man, credit scores and credit reports are elusive concepts. Most people do not understand the requirement, let alone the basis for calculating the credit score. This has led to a number of half-truths and sometimes, outright misinformation about what a credit score is and how banks and financial institutions use this score. […]
Myths of any kind can be dangerous, and those related to financial health are no different. Credit score is one of the biggest measures of financial health. Being misinformed about your credit score can cost you dearly and badly impact your financial health. So, debunk the myths to manage your credit score: MYTH 1: […]
A great man once said that the greatest enemy of knowledge is not ignorance; it is the illusion of knowledge. Like some people live in an illusion that no credit history will keep them in excellent credit score range. While it may seem logical to them as they never took a loan from a bank […]
Today , having a high credit score is considered essential in order to get new credit and many people put a lot of effort in managing their scores in a better way. However, many times, willingly or unwillingly, we make mistakes that can negatively impact our credit score. Even worse, in many cases, we do […]
Gold loans are simple secured loans that individuals can avail by offering gold jewellery as collateral to lending banks. For those who need a quick solution to short-term liquidity issues, gold loan is ideal, as it is relatively hassle-free and quick. Being secured loans, gold loans involve shorter processing times ranging anywhere between 1 and […]
The Reserve Bank of India, India’s apex bank, has set up a new high level task force which would focus on developing a Public Credit Registry (PCR) according to a Hindu Business Line news report. This high level task force is expected to help develop a road map designed to help provide a roadmap for […]
Credit Information Bureau of India (CIBIL), India’s first credit information company, and the Reserve Bank of India, the country’s central bank, are in talks to introduce a credit ratings system designed specifically to rate online shoppers. Currently, India is ranked third globally with approximately 228 million online shoppers and there is no method of profiling […]
