Category: Finance
What Is Loan Settlement? How Does It Affect Your Credit Score?
Loan settlement is often mistaken for loan closure. However, they are two different terms, impacting the credit score differently. If you make your mo
Feb-23 • 2 mins read
7 Insightful Small Businesses Loan Tips
There’s a good chance that you’ll need a small business loan at least once in the life of your business. But, let’s face it. In today’s econom
Feb-20 • 2 mins read
Buy Now Pay Later vs Personal Loan vs Credit Card
What is Buy Now Pay Later (BNPL)? Buy Now Pay Later (BNPL) is an instant micro-loan with a specific limit that allows cash-strapped or budget-consciou
Feb-16 • 3 mins read
Jan-27 • 4 mins read
Millennials and Credit Scores: Credit-Conscious Millennials Leading the Way in Rising Credit Score Trends in India
India has more than 400 million millennials—those born between 1982 to 2000— accounting for a third of India’s population and representing 4
May-15 • 3 mins read
What Is Insolvency and Bankruptcy Code (IBC)?
What is IBC? IBC (Insolvency and Bankruptcy Code) is one of the biggest insolvency reforms that the parliament implemented in November 2016 to bring u
• 2 mins read
Non-Performing Assets (NPA) – Definition, Causes and Impact
What is NPA (Non-Performing Asset)? Non-Performing Asset (NPA) refers to loans or advances that have not been serviced by the borrower for at least 90
• 5 mins read
Why is Calculating APR Crucial Before Taking a Loan?
What is the first thing you considered while taking a loan from any bank? Most people will answer the interest rate! You assume that the bank offering
Apr-08 • 3 mins read
Direct Tax Meaning & its Significance in Running the Economy
Direct Tax Meaning The taxes directly levied on a person or organisation by an authorised entity are called direct tax. These types of taxes need to b
• 3 mins read
Detailed Information on How to Manage Debt to Income Ratio
The debt to income ratio is a threshold to measure your creditworthiness. Let us explain to you whatever you need to know about debt to income or DTI
• 2 mins read
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