9 Effective Tips to Lower Cards’ Credit Utilization Ratio & Have a Good Credit Score

One of the most vital elements of a credit report is the Credit Utilization Ratio. Credit utilization can be described as the percentage of credit limit that you’re currently utilizing. Say, for instance, if you have a total of Rs. 1,00,000 in credit available on two different Credit Cards, and you’ve spent Rs. 70,000 against […]

The effects of financial decisions on your credit score – Ways to improve it

Financial decisions are always to be taken wisely as they have a long-term effect not only on your financial matters but also your credit score. A credit score is nothing but a rating which shows the financial reliability of a person depending upon his previous financial transaction history. The more the credit score,the more are […]

Here’s why personal loans might become cheaper following the latest RBI’s move

Looking at the increasing demand for consumer loans, last month in August, the Reserve Bank of India reduced the risk weight on the loans, thereby making these loans cheaper. With this move, consumer durable loans such as credit card, personal loan, auto loan and others are all set to become affordable. Read below to understand […]