Taking a loan against gold is one thing that has not started today but has been in the Indian culture even before banks and other financial institutions were in existence. The only difference between then and now is that in the current times, this facility has become a lot more secure and convenient. With the […]
Disaster The covid-19 crisis has redefined how we work and communicate with each other. While technology has ensured business continuity, it has opened a pandora box of sorts. At one end, it has resulted in faster adoption of digital banking and other technologies, however, the at the other end, it has made us vulnerable to […]
Banking customers generate an astronomical amount of data every day through hundreds of thousands — if not millions — of individual transactions. This data falls under the umbrella of big data, which is defined as “large, diverse sets of information that grow at ever-increasing rates.” To give you an idea of how much information this is, […]
Banking Customer-centricity isn’t as simple as asking customers what they want and making good on it, though that’s certainly part of it. Customer-centricity requires banks to re-evaluate what they know about their customers and to better understand who their customers are, what interests them, what they value, and what drives them. It’s about building a […]
Benefits What does one do when they don’t have the savings to fulfill their financial needs? Without a doubt, it’s the personal loan that most opt for. Why so? Because you can get this loan without having to submit a security or collateral. So, it is an unsecured personal loan. But the benefits don’t end […]
A 2019 pilot study found that reporting your on-time rent payment could boost your VantageScore by up to 42 points. But if you’re considering breaking your lease, this could also affect your credit score, in the wrong direction. While an apartment lease isn’t the same as a mortgage — meaning your property management company or landlord won’t be […]
Reports Getting a free credit report may sound too good to be true, but it’s not. In fact, it’s the law—and you’re entitled to not just one, but three. You may request a free credit report from each of the three main credit reporting agencies once every 12 months. And the process of ordering your […]
Home loans are secured with an equitable mortgage of the property you wish to buy. The mortgage is executed and remains with the lender in the form of a Memorandum of Deposit of Title Deed (MODT). To ensure the MODT happens successfully, you need to pay stamp duty and registration charges fixed by the state […]
House You’re tired of writing rent checks to your landlord each month. You’d rather buy a house and start building equity with each monthly mortgage payment. But what if you have bad credit? Can you still buy a home with a loww credit score? Maybe. But you’ll likely face two requirements: You’ll have to accept […]
Errors on consumer credit reports can be a common occurrence. That makes knowing how to dispute a mistake on your credit report important. If you find something in your credit report that doesn’t belong there, here’s what to do. Step 1 – Identify any credit report errors Review your credit reports periodically for inaccurate or […]
