Use a small portion to treat yourself Before you get down to the business of using the annual bonus for financial planning, you may set aside 10-20% of it. You can use this amount to treat yourself and your family. It is your well-deserved bonus for which you worked hard the entire year. Hence, you … Read more
Credit cards: Revolving credit Personal loans: Instalment credit With a credit card, you are approved for a credit limit, and you can borrow up to that limit multiple times as long as you make at least the minimum payment each month. Interest is usually applied to any remaining balance at the end of your billing … Read more
Procuring a credit card usually with a poor CIBIL (Credit Information Bureau India Limited) score can be daunting, but it’s not impossible either. It is simply because the credit score, also known as CIBIL score, is a key factor which banks base their decision on. A low CIBIL score usually indicates a higher risk to … Read more
I recently came to know about the option to pay insurance premiums with a credit card. Are there any additional charges associated with using a credit card for such payments? —Name withheld on request The process to pay insurance premiums through credit card is very similar to the other digital payment processes. The customer can … Read more