Paisabazaar.com’s CPO Radhika Binani explains how one can track one’s credit score and build it over time.
Increased dependence on borrowed money to finance our needs and desires, has increased the importance of Credit Score. A good Credit Score not only makes it easy for you to raise loans but also get them at lower interest rates.
One of the most important aspects of your financial life is your Credit Score. Your score is a 3-digit number, built on the basis of how you have behaved with your past credit or how efficiently have you paid back loans.
A credit card is a product by which you can get a credit of maximum 50 days from the bank without any interest. You can use a card for your daily expenses from groceries to paying traveling expenses. Here are 5 reasons why you should use a credit card.
Awareness about your credit score and constantly trying to build it is imperative for EVERYONE! Unfortunately for those who need loans now but have a poor credit score have very little choices.