Change the PIN and register for two factor authentication by following the process online.
It helps to know exactly how a single missed payment can affect your finances and your CIBIL Score.
There are six main factors which either make or break the credit score. It can increase or decrease depending on how well you manage these factors.
The key to improving your credit score lies in your credit report.
There might arise a situation when you are unable to pay the outstanding amount on a particular card due to personal or financial reasons.
Credit and debit cards are the most common means of making digital or electronic transactions.
Apart from charging exorbitant rates, overloaded with huge margins, these money changers do not let the traveler know that foreign exchange rates, akin to stocks, change almost every second.
Anup Bagchi, Executive Director, ICICI Bank said, “These new propositions will help Ola’s driver-partners to manage their finances in a better way, while also enable customers of Ola to get easy access to instant credit in a simple manner."
Travel credit cards offer multiple benefits in the form of discounts and reward points. Read the fine print before signing up for one.
This facility allows you to transfer the amount due on one card to another which has lower or zero interest rates compared to the first one.
By continuously monitoring your credit score and report, you can avert unnecessary issues which could deter your loan approval.
It is imperative to first understand the three most important “C’s” of how to build good credit!
Timely repayment of any loan creates a clean repayment history for the individual.
Before you go on a trip abroad, you must inform your credit card company about your travel plans.
Before trying to answer the question, it is important to know what the terms mean.
The festive season has arrived and banks are back again luring its customers with discounts and cashbacks through their product offerings.
The first POS terminals emerged in 1979, when Visa introduced a bulky EDC (electronic data capturing) terminal for magnetic stripe cards.
Though the two unsecured portfolios have a smaller pie with about 30 percent in the share of retail loans, which is nearly 25 percent of the total loans in the industry, the pace of growth is substantial
There are often bizarre stories of outrageous fraud but if you are to dig down and look at it, most of these could have been avoided if the victims, at some point or other, had been careful and used common sense methods to safeguard themselves.
Though credit cards are rewarding, you can get the maximum out of your card only if you use it smartly.
Though there are other parameters besides repayment history which makes you eligible for a home loan, timely re-payment of funds is of great importance.
Making purchases through credit cards can help you manage your finances and if you pay up in time there is no extra cost involved.
Before you do this, examine the liabilities that may come from this arrangement.
The credit limit for the customers is up to Rs 4 lakh based on pre-checked bureau scores. As on June end, ICICI Bank's number of outstanding credit cards stood at 43.46 lakh, below HDFC Bank and State Bank of India.
The more we become 'social', the more we tend to show-off. It leads to more bad loans. It is time to shun bad loans and embrace good loans wherever required.