How To Revive Your Credit Score

June 14th, 2015|

Have you ever taken your credit score seriously? Or try to understand the importance of it in your financial planning?

Well if you don’t, you must start now.

For starters, Credit Score is the calculation representing your credit risk at a moment in time, based on information found on your credit report. A credit score reflects credit payments pattern over time, with […]


Is Pre-Approved Loan for Purchasing Home a Good Option?

June 8th, 2015|

The idea of getting your home loan approved before you’ve finalized the estate sounds good. Isn’t it!! But does it carry the secure consequences?

Pre-Approved loans are basically loans offered by banks before the borrower decides on the property, on the bases of clean track record of loan payment history or regular salary of the borrower. Bank judges the eligibility on […]


Reduce your EMI by Borrowing through P2P Lending

May 10th, 2015|

Typical borrower can borrow money from P2P lending platform at a 4-6% lower interest rate than banks due to efficient lending model. This additional 4-6% can sometimes mean a lot of savings especially if the loan amount is high or loan tenure is longer. For example, consider Niraj who borrows Rs 2,00,000 for 2 years from banks such as


10 Steps to Reduce Debt and Achieve Financial Freedom

May 3rd, 2015|

Reducing debt is key to achieving financial freedom. Having made the decision to take control of your financial health is the best thing ever and the sooner you make it the better it is. Getting rid of your debt could seem like a daunting task but with a careful control on your spending and a smart look at your loans, […]


How Financial Literacy Affects Your Income, Debt and Wealth Levels

April 8th, 2015|

Financial literacy refers to your understanding of how money functions in the world. It involves the entire gamut of your personal finances beginning with the money you earn, how you spend it, the investment avenues you choose so you can plan for your future and the donations you make to help others. Being financially literate means that that you will […]


P2P Lending:How Borrowers Get Lower Rates

March 21st, 2015|

The basic principle of peer to peer lending is simple: directly match borrowers with investors and eliminate bank in the financing process. Direct peer-to-peer lending helps borrowers get better rates and lenders get better returns. In this post, we will discuss borrowers’ benefits.

What do we mean by eliminating banks? Banks pay approx. 8% interests on fixed deposits and then lend […]