The importance of tracking your expenses cannot be understated. It can help you in making a budget and managing your financials more effectively. When you know your spending habits, you…
Loan settlement is a big financial decision. It happens when a borrowers miss paying loan dues. This one-time payment is made to the lender when the borrower demonstrates his/her inability…
Maintaining a low credit utilization ratio (CUR) is essential for achieving good credit health and a high credit score. This vital number is one of the top considerations of lenders…
One of the best ways to improve your financial knowledge is to know the basic financial terms and their meanings. Here, we have a financial dictionary of the most used…
You would have observed that the value of money keeps diminishing over time; do you know why? It is because of inflation, that lowers your purchasing power. So, when planning…
The financial sector is undergoing a complete revolution steered by the rapid growth of Artificial Intelligence, generative AI, machine learning, etc. The financial sector, including lending, is not only adopting…
Peer-to-peer lending platforms have been gaining much attention lately as a wonderful alternative to conventional financing options. This promising concept eliminates the need for banks and financial institutions while roping…
Whether it is about applying for a new loan or negotiating better terms with the lender, the lender's first consideration is your credit score. A good credit score is one…
Whenever we apply for any loan, the first thought in our mind is to find a loan that charges a favourable interest rate. If you plan to take a car…
Evaluating your borrowing power before taking a loan is imperative to prevent default and stressful repayments. The ‘borrowing capacity’ allows you to assess your income, spending, savings, assets, liabilities or…
