Business credit card: What is it and how to use it for small business expenses?
If you have an idea or plan to start your venture, your first thought will be finances. Of the many financing options available, a credit card is a feasible option as many banks may not lend to a new business due to a lack of credit reports. What is a business credit card? A business […]
How to block your lost debit or credit card? A step-by-step guide
Being the victim of identity theft or losing your debit or credit card can be quite upsetting. You must take immediate action to protect yourself from future financial loss. Blocking your ATM card right away is essential as the first line of defence against illegal transactions. The following simple steps can help block your debit […]
How To Make AI Both Responsible And Ethical
This is the published version of Forbes’ CEO newsletter, which offers the latest news for today’s and tomorrow’s business leaders and decision makers. Click here to get it delivered to your inbox every week. Are Tesla investors getting tired of the way CEO Elon Musk is running the company? It certainly looks as if that […]
How to protect your credit score? 4 experts answer
In the hurly burly of daily life, we sometimes tend to overlook the essentials; like maintaining your credit score. A decision that may come back to haunt us in the future. Maintaining a good credit score is crucial because it affects loan approvals, and interest rates. “Customers can protect their credit scores by paying EMI […]
Credit card consolidation: How to effectively pay off debt? Here are 6 key ways
As reported by TransUnion CIBIL, the average credit card debt per borrower in India was approximately ₹36,000 in 2021. While this figure may not seem alarming at first glance, the reality is that many individuals struggle with substantially higher credit card debt, often exacerbated by the temptation to swipe that plastic card for every purchase. […]
How to improve your credit score? Know it from experts
Improving your credit score is something that banks and NBFCs look favourably on, as it means that you are a responsible person fiscally and that lending to you would be safe. Experts give their advice on how to improve your credit score so that the (fiscal) sun shines down on you. Also Read: How can […]
How to manage your personal loan efficiently? Here are 5 best ways
Personal loans play an important part in the financial landscape, providing individuals and businesses with the financing they need to fulfill their objectives. Effective loan management, on the other hand, necessitates a complete grasp of the loan lifecycle as well as the use of best practices at each stage. Personal loans are a useful instrument […]
Personal loan: How to get your application approved? 6 important factors to keep in mind
Lenders examine myriad factors when reviewing your application for a personal loan to assess your eligibility and determine the interest rate you can receive. They want to lend money responsibly and make sure borrowers can afford to repay it, so they are cautious in their evaluations. The following are some important factors that affect the […]
How to educate your children about CIBIL score? Here are 6 steps
Children should be taught about responsible financial behaviour, which also includes the concepts relating to credit score, also known as CIBIL score. While teaching children about money matters, you should emphasise the significance of paying bills on time, and importantly not taking more debt than you can afford. As you discuss with them, you should […]
How to avoid high interest rates on personal loans? Here are 8 ways
Although lenders provide personal loans with varying interest rates, some loans carry exceptionally high interest rates. Nonetheless, managing high interest on personal loans isn’t insurmountable. By prioritising strategies to reduce your interest burden, you’ll naturally discover methods to minimise the interest you pay on your loan. Here are several essential tactics to steer clear of […]