When it comes to getting a car loan or mortgage, your reputation comes first. Your credit report gives banks and lenders a good idea of ​​whether you are a good candidate. Using the information, it contains and your financial history, they can estimate how likely you are to repay the money they give you. Everyone should know what their credit …

Personal loans are one of the most preferred types of financial loan products given the flexibility they offer. Borrowers can use these loans for any personal expense without even having to provide collateral to the lender. Now, while this loan is an effective way of arranging for the required finances, it is also important to be aware of a few …

Tax audit refers to the examination of the taxpayer’s financial records that the chartered accountant conducts following section 44AB’s requirements. There are three types of Tax Audits. They are as follows – Office Audit An office audit is a physical inspection carried out at a nearby IRS office. An office audit may require you to provide particular documentation, such as …

Before opting to invest in mutual funds, one of the many things that many investors are generally known for focusing on is the past performance of a mutual fund scheme. However, a lot of prospective investors forget to ask a crucial question. The said vital question is “will this mutual fund scheme perform well in the future?” The performance of …

Many people with a low credit score normally aren’t applicable for a loan. That’s why no credit check loans with online approvals are available now. It is essential for every individual who has immediate needs of financial aid but has poor low credit history. Lending decisions are made by lenders and any other institutions based on various facts, one of …

You’ve probably heard of equity and debt funds, but you’ve never heard of a hybrid fund. What are hybrid funds, exactly? A hybrid fund, as the name implies, invests in various asset classes to meet the needs of investors with varied risk tolerances. The investments are often made in a combination of stock and fixed-income securities. What are Hybrid Funds? …

Have you ever felt the need for urgent money? Have you ever found difficulty in locating a money lending firm? It might be due to your credit history or your current pay situation. It is because, from the credit score, these financial institutions ascertain your repayment abilities; they’ll likely expect you to have difficulty paying back the money immediately with …

The concept of taking security over digital assets, particularly digital currencies, is still in its early stages, and it is further complicated by conflicting case law and different treatment of various types of digital assets. If we gain clarity in these areas and eventually feel confident that security can be taken and perfected, the market could experience a significant shift. …

Back in the day, people were aware of only traditional life insurance products, such as whole life or endowment plans. With time, the insurance industry also launched new products, considering the needs of consumers. These new products dominate the current market with their unique strategies. One such product that has gained popularity over the recent years is a Unit Linked …

Financial planning is essentially life planning in a strategic way. It allows you to meet your goals and aspirations in the desired timeline and helps you ride out crises and emergencies. Most people tend to focus on only one aspect of financial planning which gives them a false sense of security. For instance, if someone has sufficient insurance cover, they …