What to do if you suffer loss in Business or Investment?
In the past couple of years, the pandemic has seen various small- and medium- sized businesses close down or suffer huge financial losses. Whether it is a business or investment, and be it due to external factors or a wrong strategy on your part, the resulting losses can be devastating and can throw your personal […]
How to Dispute Errors in your Credit Report?
Credit bureaus in the country collect individual data and prepare a credit report. They also calculate the credit score using their proprietary algorithm. However, there could be errors in your credit report that can hamper your chances of getting a loan approval. If you identify an error on your credit report, you should start by […]
How to reduce your Health Insurance Premium?
With COVID on the rampage and claims likely to shoot up in the coming months, health insurance premiums are predicted to rise. This may be a one-off reason, but have you wondered why you keep paying more for your health cover at renewal? Among the various factors, insurers are allowed to review and revise costs […]
Aadhaar Frauds
Aadhaar is one of the most powerful instruments in India today. UIDAI has generated 1.21 billion Aadhaar cards till date and has covered more than 95% of the Indian population. With the scale of information stored in the database of UIDAI, it has become the most substantial treasure. However, the Aadhaar Act prevents any organisation […]
FIRE – Financially Independent and Retire Early
The Financial Independence, Retire Early movement, or FIRE, is a group of people trying to gain financial independence by amassing enough wealth and cutting their expenses so that they can retire extremely early. Many FIRE proponents are looking to retire in their 30s or 40s. Shockingly, 67% retirees work to earn bread and butter and […]
What if Bitcoin crashes to zero?
Bitcoin has mostly gone “up and to the right” for much of its existence, with its price climbing from essentially zero to as high as $60,000 in under a decade. The original cryptocurrency is now one of the largest currencies in the world, and in its short lifespan has become one of the most profitable assets of all time. Why Bitcoin may […]
Guide to Compare the Best Small Business Loan in India
Business Loan interest rate starts from 14.99% onwards per annum. However, other factors to influence the final commercial business loan interest rates decided by the lender that includes applicant’s profile and creditworthiness, business plan, credit score, required loan amount, repayment tenure, business vintage and profit, with various other financial aspects. Business loans are designed to help small […]
Short Term vs. Long Term Personal Loans
Personal loans are well known for being flexible. The flexibility in terms of loan amount and repayment makes it one of the most used credit products of the present day. One can opt for any loan amount according to the requirement as well as can pay it off as per the convenience. The loan tenure […]
Risk in Bitcoin and Cryptocurrency
A Cryptocurrency is a form of digital money. Cryptocurrencies run on a decentralized network, which allows them to exist outside the control of central authorities. Transactions can be cleared with no trusted third party standing between payer and payee, and are designed to ensure that the payor has the funds and that each transaction is […]
Buy Now Pay Later (BNPL)
‘Buy Now, Pay Later’ (BNPL) offers seem to be the flavour of the season as many e-commerce, banks and retailers have lined up such schemes for the upcoming festive season. A large number of borrowers can now enjoy the short-term credit offered through BNPL even without a credit history. The BNPL payment scheme is the […]