When it comes to managing debt, paying off loans as quickly as possible is often seen as a wise financial move. The notion of saving money on interest charges by paying off a loan early is appealing to many borrowers. However, the decision to pay off a loan ahead of schedule is not always straightforward, … Read more
In today’s digital age, recurring payments have become a popular method for individuals and businesses to manage their finances. With the convenience of automatic debits, it’s easier than ever to pay bills and subscriptions without the hassle of manual transactions. However, there may be instances where you need to restart recurring payments via debit cards. … Read more
In a bid to bolster the security measures surrounding credit and debit cards, the Reserve Bank of India (RBI) has recently implemented new rules and regulations. These measures are aimed at safeguarding the interests of cardholders and strengthening the overall financial ecosystem. The RBI’s proactive approach ensures that customers can carry out their transactions with … Read more
Selling a mortgaged property can seem like a daunting task, but with the right knowledge and approach, it can be a smooth and successful process. In this guide, we will explore the ins and outs of selling a mortgaged property, providing you with valuable insights and practical tips to navigate the journey with confidence. How … Read more
Education is a fundamental right and plays a crucial role in shaping an individual’s future. However, the rising cost of education can be a significant financial burden for many families. To alleviate this burden, the Indian government provides tax benefits on education loans under Section 80E of the Income Tax Act. In this article, we … Read more
Credit cards and fixed deposits are both financial instruments that offer different benefits and serve different purposes. Understanding how they work and their advantages and disadvantages is essential to make informed financial decisions. In this article, we will explore the question, “How good is a credit card against fixed deposit?” We will delve into the … Read more
When it comes to managing your finances and securing loans or credit cards, your CIBIL score plays a crucial role. The Credit Information Bureau India Limited (CIBIL) score is a three-digit numeric summary of your credit history, indicating your creditworthiness to lenders. A high CIBIL score opens doors to financial opportunities with lower interest rates … Read more