Credit Information

In today’s age and time everyone holds a credit card; well almost everyone! Whilst it is a convenient option for many of us….strangely it is also a “cool” option for few! Flaunting a wallet with different credit cards in a party or at a shopping mall is definitely looked upon as “cool”.   But how many credit cards should you hold? How many credit cards make you “cool”?   “One size fits all” solution does not work here. So a working professional can hold 2 cards and a fresh MBA could hold 1 card or…

Your credit score – this 3 digits number can make or break your financial dreams. This number is a reflection of your past payment behaviour.   A credit score has gained importance in the recent years. The lending institutions evaluate your credit worthiness based on your credit score, which helps the lending institution to estimate the likelihood of repayment of a credit facility based on your past pattern of credit usage and loan repayment behaviour.  So higher the score, higher the confidence the lending institution would have in you and hence…

The third eye is said to be the eye of insight – an eye that provides a vision beyond the ordinary. So is Credit Counselling a Third Eye to your Financial Planning? Well we will find out! The concept of Financial Planning is surely better known than Credit Counselling. But let me begin with decoding each concept…step by step! Financial Planning, at its simplest can be defined as a process wherein a Financial Planner would examine your current financial situation,…

If you look around, you will find strong, independent, successful women featuring in various lists of “Most powerful women” in the country. And it’s true, you see more women climbing the corporate ladder, more women entrepreneurs. If you look around further, you will also find numerous articles and research talking about how women tend to be more financially disciplined than men. But then again, it’s almost a “fact” that they spend more on “unplanned” shopping sprees. Nothing wrong with that,…