Before you apply for a big-ticket loan such as buying a house, get your credit report from one of the country's four credit bureaus. The report would contain your score, a three-digit number that reflects your creditworthiness.
'An ex-taxi driver bought a painting for $170 million'. The newspaper headline caught my eye. The news inside was even more interesting. The former taxi driver, now a Chinese billionaire, had paid for the painting through his credit card.
You have just passed out of a good educational institution but haven’t found a job. This thought, by itself, is quite scary. Add to that the burden of servicing an education loan that will start soon, which is quite numbing.
National Housing Bank (NHB) that regulates all housing finance companies (HFCs) such as HDFC, LIC Housing Finance, etc, is reportedly considering allowing them to collect prepayment charges if a floating rate home loan is prepaid within the first few
Given the rise in medical costs, sudden hospitalisation or an unplanned surgery could prove detrimental to a family's financial health. Access to health insurance is limited mostly to the organised sector.
Are you planning to buy the latest iPhone 6s Plus this festive season but cannot afford to shell out the entire Rs 92,000 at one go? While financial prudence suggests you should not go for it but given the liberal use of credit cards by consumers, many
When buying a home, most borrowers go through the dilemma of choosing between a fixed and a floating rate loan. Now, that interest rates are on a downward spiral, taking a fixed rate loan might not look prudent.