Cancelling a credit card can affect your CIBIL score due to various reasons. While the effect is usually temporary, smart steps can help minimise the damage. When managed carefully, closing a card ...

Cancelling a credit card might seem like a simple way to cut costs, but it can impact your CIBIL score. While the dip is ...

If the bank confirms the case of identity theft and a loan taken out by unknown individuals in your name, do make sure to report it immediately to the credit bureau. One can also write to the ...

Becoming a loan guarantor for a friend or family member may seem like a simple favor. Often, borrowers assure you that it is merely a formality and that repayments will be made on time. However, ...

The lender considers you responsible when you have a higher credit score, while a lower credit score may not be helpful for ...

The average credit score for Americans in their 40s and 50s sits in the low 700s, which is good enough to access credit but ...

A high credit score doesn’t always guarantee loan approval. Check possible reasons behind rejections despite a high credit score.

A home loan eligibility calculator estimates your maximum loan by combining five inputs: Existing EMIs (car, personal loan, credit card conversions, etc.) Right-sizing your budget: The home loan ...

If you receive any additional income, such as a bonus, tax refund, cashback, or unexpected savings, consider using it to repay a part of your loan. Directly reducing the principal amount lowers the ...

Homebuyers should track interest rates, price trends, infrastructure and policy changes while evaluating the area’s growth to assess property’s potential ...

Bounced cheques and failed mandates are more than administrative issues, carrying potential criminal charges and significant ...

Credit card companies offer low- and zero-interest promotional offers. Whether you can get low rates depends on your credit score. A credit score is a signal to lenders for how likely a borrower will ...