Getting married has no direct bearing on the credit score of either of the spouses. However it does impact the financial situation and may sometimes impact the credit score of any individual indirectly due to the action of the partner.
In order to make your life a tad easier, here are some pointers on what needs to be done with inheritance of credit card debt.
New SDR norms allow promoters to manage debt-laden firms.
Take advantage of the reduced interest rates offered by banks and the tax benefits to make it a lucrative deal
If you are one of those who is now staring at your credit card bill and wondering how to go about it, here is the way out.
You may forget about your mistakes but CIBIL keeps an eye and maintains a record of each and every transaction right from your first credit card!
Just like our older generation, you should realise that a penny saved now would come in handy when you need a penny.
Bankers said the mammoth task of cleaning up the PSBs and improving their health will be a mammoth task for any chief executive.
Because from June 1, 2015, you will have to fork out 14 per cent service tax instead of 12.36 per cent
Don't hit the buy button as soon as you hear of the next BIG online sale this Diwali. Here are some very important lessons -- in the light of how some online shoppers felt cheated after Flipkart's 'Billion Day Sale' -- that could save you time, money and peace of mind, says Rajiv Raj!
Your credit score is more than just a number. Here's how you can read and understand its importance.
Insolvency professionals feel the bankruptcy code will deter defaulters, but NPAs will not cease unless banks are sensitised on credit appraisal and experts are hired by banks to inspect what is happening with their loans.
Do you know what is 'credit repair'? And how to go about it?
Let's see how you can use the approach of superheroes to manage money better
A mortgage is a great responsibility that you must bear on able shoulders for a long period of time. If you already have a mortgage or are planning to avail of one soon, you are obviously confident of your finances, but a few tips to save money on your home loan couldn't hurt, right? Read on to find out more!
Averaging works only in a portfolio which is what SIP helps you do. Averaging does not work in case of a single scrip. Here's why
If you are wondering what all this is about and why should your wife need an independent score then read on to find out.
Some simple tips can help you in better understanding of your CIBIL Report.
There will be higher charges for bank account-holders.
Here's the formula and it is not too difficult to implement.
If you have a CIBIL score that is below the satisfactory level of 750, make a resolution this day of spring to enhance your CIBIL score. Here are some ideas that will give your CIBIL score a boost.
Lenders have lined up a number of home loan products that can fit every aspirant's annual income.
RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.
Too much unsecured loan can harm your CIBIL rating.
If allowed to go unchecked, this addiction can wreck you financially as well as emotionally.
Because a settled account will do more damage to your credit history than you can imagine.
The government is set to carry out a performance review of companies that have opted for corporate debt restructuring (CDR).
Here's a dummy's guide to the home loan fee maze
Lenders get a clear idea about your financial health, risk profile and personality trait
While we have our wish lists ready, it's only on February 28 that the verdict will be out. We do hope the FM plays Santa and brings some good cheer in this financial year. Meanwhile let's take a moment and list our expectations.
The most preferred CoCo bonds are those through which banks raise their additional Tier-I capital.
Modi placed a $12.6 billion bet in this year's budget on road building
If you are a compulsive credit card user and are at a loss about how to regulate your credit card spend, here is help at hand!
Applying for a home loan may seem scary if you go into the process unprepared, but if you have braced yourself well in advance and follow these steps you will find that getting your home loan application approved is a breeze.
Since January 2015, the central bank has lowered its policy rate.
While we are slowly moving towards a future where using hard cash will be obsolete, it is indeed a wise idea to start using E-payment cards for pocket money. We need to keep up with the times while we follow our children into the future.
To ease the process of decision making while buying a house, we have put together important factors you need to consider.
Work hard, earn more, save well, invest wisely and love your money. But, love yourself first!
Vijay Mallya, facing a case of loan default of over Rs 9,400 crore, on Monday resigned from Rajya Sabha.
