So for all the newbies who don’t know what Credit Card churning is, it’s a term for what several of us do on a frequent basis. It means exploiting all the introductory offers on your new Credit Card and then shutting it without paying the annual fee. Well, that’s what exactly Credit Card churning means. .
Are you tech savvy? Do you follow the latest trends in the tech world? If YES, then you must have noticed the hype surrounding FinTech. Financial Technology or FinTech utilizes technology and innovation in the delivery of financial services. But why is FinTech booming at such a fast pace? Read on to understand the various .
Purchasing your first home loan does have its fair share of advantages, I’m talking about all the tax benefits, most of which you’re unaware of! These deductions are a blessing as they reduce your tax outgo and also help in managing your cash flow better. Computing the tax benefits of a home loan on a .
In today’s digital generation, numerous kinds of cards have become an effective means of online payments. Unfortunately, this has also resulted in an upsurge in the number of online fraudulent activities taking place every month. This brings us to the question as to what security methods have been initiated to ensure a safe and secure .
A credit card is very handy if used appropriately, but it’s also capable of inflicting some serious financial damage if used improperly. Safety rules do apply, so when you choose a credit card, there are primarily six things to consider – 1. Spending habits The first question you should be asking yourself before even choosing .
Applying for a personal loan to finance your needs is a good idea, but if not handled carefully, these loans can land you in a debt trap from where it may be difficult to resurface. Following are some common mistakes that borrowers make when they apply for personal loans: – Borrowing more money than what .
Currently, FinTech is one of the hottest and newest domains in India. In spite of the financial squeeze in 2016 which fell right after the ridiculous exuberance of 2015, data from startup-analysis platform Tracxn indicates that the sector has attracted US$512 million in funding in 2016. The data also indicates that there were 83 rounds .
Technology is toppling established workflows and disrupting traditional processes in the finance industry. Tasks once handled with bulky computers, human interactions and paper money are now digitized and reliant on technology. Financial technology services are capitalizing on the flapping world of economy and providing the consumers with a better and convenient option. But, how did .
Youngsters in their 20s who are fresh out of college and working in jobs that they were studying for all their lives, often find themselves in a peculiar situation. They want to invest or buy something big, a thing that they always thought they would buy after they began their first job. It may be .
A car vrooms past you and right in that instance, you’re awestruck. The shining chrome, leather seats, tinted glass, powerful engine and alloy rims take your breath away. You decide that somewhere down the line, you will own this vehicle. As the car is expensive, you decide to opt for a loan, but due to .