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2 mins read

Here’s how one can use the avalanche method to pay off lingering debts

One of the best debt payment strategies is known as the avalanche method. The process is simple. Yo…

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3 mins read

After paying $25,000 of credit-card debt, I'm ready to make the most of my clean slate

I didn't spend money irresponsibly, but I still found myself deep in debt and paying off interest e…

Kelly Burch   


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3 mins read

Want to feel better about your finances? Do these 5 things right now!

Whether it is health, relationships or finances, each of these plays a very important role in our l…

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3 mins read

Retail trumps corporate lending as small-ticket loans see fourfold jump in past two years

Personal loans are on the rise. The month of December has seen the category in lending-verse amass …

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3 mins read

Credit score improvement requires strict discipline but it is possible – Here’s how to go about it

Having a healthy credit score of 750 and above comes in handy when you apply for a loan, especially…

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7 mins read

The dark truth behind RBI’s crackdown on easy personal loans

The Reserve Bank of India tightened capital norms for lenders disbursing unsecured loans to unsuspe…

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3 mins read

The credit card crisis is worse for millennials and Gen Zers

Americans are in the midst of a credit card crisis, and nobody is being hit harder than millennials…

Cork Gaines   


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4 mins read

Americans are facing a credit card debt crisis

The US is facing a credit card debt crisis as balances and delinquencies soar.

Cork Gaines   


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1 min read

Americans are paying nearly as much interest on credit cards and other debt as they are on their mortgages

While homeowners could lock in a 3% mortgage for 30 years not long ago, other kinds of consumer deb…

Yuheng Zhan   


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3 mins read

Consumption loans take a breather in July-September 2023 period, even as delinquencies rise

India’s retail loan growth moderated in the second quarter of FY24, especially in consumption-led s…

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2 mins read

Retail credit continues to boom, but delinquencies need better monitoring, says TransUnion CIBIL

​​India's retail credit market has continued to experience sustained growth in the second quarter o…

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2 mins read

RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth

In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…

ANI   


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2 mins read

RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P

Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This portfoli…

PTI   


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16 mins read

Best Business Credit Cards of January 2024

Our expert recommendations help you choose the best business credit cards to fit your spending styl…

Jasmin Baron,Katherine Fan,Angela Fung   


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2 mins read

Higher risk weight on unsecured bank loans credit positive: Moody's

Higher risk weight on unsecured bank loans credit positive: Moody's. The RBI's decision to tighten …

PTI   


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3 mins read

RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure

​​Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…

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1 min read

Younger Americans are falling behind on credit card and car payments, New York Fed says

"Delinquency tends to decrease with age, and younger generations have delinquency rates slightly hi…

Yuheng Zhan   


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3 mins read

RBI crackdown on personal loans – Bajaj Finance, IIFL, Aditya Birla and SBI Cards to take a bigger hit, say analysts

Reserve Bank of India’s crackdown on personal loan disbursals by banks and non-banking finance comp…

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3 mins read

Neck deep in debt? Here’s how some companies are helping habitual borrowers consolidate their loans

There were creditors coming home and harassing him. That’s when he came across the contact of a …

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3 mins read

I used my credit card to pay for fertility treatments. It took years to pay the debt off, but I don't regret it.

I struggled to get pregnant but couldn't afford fertility treatments. I got a second job to pay for…

Nina McCollum