Day: January 6, 2025
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Are Personal Loans Tax Deductible In India?
Quick personal loans are common these days. With instant personal loan platforms available today, this trend is gaining momentum every day. Personal loans are unsecured and can be availed of easily. This is why a larger number of borrowers find themselves going for these loans to procure funds for their personal needs. These requirements may…
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What’s Credit Footprint and How Does One Sustain a Good Credit Score?
In the fascinating world of finance, credit scores play a pivotal role in determining one’s ability to access loans, mortgages, credit cards and generally good financing offers. As the name suggests, your credit footprint is your individual and unique financial identity. Good credit history opens doors to better financial opportunities because it reflects positively on…
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Building a Rock-Solid Emergency Fund
From unexpected medical bills to car trouble which appears quicker than your auto rides, emergencies can leave your wallet feeling drier than chapped lips in the summer sun. That’s why having an emergency fund can be lifesaving. Think of it as your rainy day fund – a safety net with a savings strategy that catches…
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Rebuilding your Credit Score after a Default: A Doable Guide to Taking back Control
Let’s get the basics out of the way first, experiencing a default on your loan or credit card payment is not the end of the world. A little bit of financial discipline and patience goes a long way in rebuilding your credit score. We are jumping right into the tips now… Crackdown on Credit Report…
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Getting a Personal Loan with a Low Cibil Score. What You Need to Know
Personal loans can be a valuable financial tool, yet misconceptions often cloud people’s perceptions. Let’s unravel some myths to help you make informed decisions. Myth 1: Personal Loans Are Only for Emergencies Reality: While personal loans can certainly help in emergencies, they’re versatile. They can fund anything from home improvements to travel plans. Their flexibility…
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How Fintechs Are Making the Finance Ecosystem More Sustainable
Access to funds as required goes a long way in ensuring development and empowerment for the people in India who have traditionally faced exclusion and lack of upliftment opportunities. Fintech disruptors are helping expand access to on-time capital while also furthering the cause of sustainability, a concern and a discourse that is taking over industries…
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Your Income and Credit Score are Linked. Find out how.
In the world of personal finance, income and credit score are two key factors that shape your financial identity. Your income reflects your financial stability, while your credit score represents your creditworthiness. Both play a significant role in financial decisions, such as loan approval and interest rates. In this blog, we’ll explore how these two…
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Be your own boss and ditch the 9-to-5 grind. Here’s your Launchpad!
Ever dream of calling the shots and building something awesome? Let’s ditch the boring office life, and dive into the thrilling world of small business! So let’s unpack the essentials in a way that’s fun, easy, and totally doable. Step 1: Spy Mission – Market Research️ Before you jump the guns, you must do some…
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Unlocking Financial Success: Why Regularly Checking Your Credit Report Matters
Just as a report card summarizes a student’s academic performance, a credit report is a roadmap to your financial history and a mirror of your financial behavior. It provides a snapshot of your creditworthiness based on several factors such as payment history, credit utilization, and account status. In short, it’s your Financial DNA! Why Should…