Apply Now

Blog


Awesome Image

Post-Pandemic Year Appraisal!! How does it Look Like?

  • During COVID crisis situation, the organizations are facing a major dilemma over how to maintain a proper balance between the employee’s wellbeing and their productivity.

    • Organizations all around are creating brave business selections everyday. Sharing this perplexity with regards to the monetary impact of the pandemic, noted organizations and organizations have confirmed the delay in performance reviews.

    Additionally, to subsume matters, few organizations have conjointly opted for vital cut in higher management compensation.

    The vulnerable scenario has resulted in creating robust selections wherever pay cuts, layoffs and vital trim in promoting activities square measure being ordinarily practiced.

    Thus, manpower is going through anxieties and risk of speculations concerning regular payment hikes or standardization of regular payment structure, that has resulted in weakening of worker morale and confidence to a good extent.

    In these tough times, it's crucial to treat our resources and manpower as priority. although the management can take powerful selections to nail this crisis – holding on to individuals can perpetually be the foremost necessary issue.

    As it’s the manpower that may maintain company stability, push new initiatives, boost every other’s morale, and collaborate on completely different business approaches.

    Now improve your credit score with these tips.

    As we know that the CIBIL scores range is 300 - 900. A CIBIL score between 300 to 549 is considered to be as poor, whereas CIBIL Score between 550 to 700 is considered as an average score. So we now know that how being at the top of our credit score can help us obtain loans easily, but do you know that its opposite is also true? It is being said that the minimum CIBIL score for a personal loan is 700 and above, and anything below 700 will be a cause for concern. Unfortunately your credit score cannot be changed overnight, but few tweaks in your financial habits can be made that can help in making a significant difference.

    So Let Us Find Out The Ways To Increase Your Cibil Score:

    1. Time is Money. So Repay Your Credit Card Dues on Time.

    2. Make calculations and Limit your Credit Utilization.

    3. More is Less. Apply for more New Credit Cards.

    4. Keep an eye. So Keep a Check on Your Credit Report.

    5. Variety is good. So Opt For Different Types of Credit.

    6. It is good to increase your limits gradually. So Increase your Credit Limits.

    7. Remember, old is gold. So Keep Old Debt on Your Report.

    8. Wrong hints can land you in serious trouble. So Never Give a Hint of Risk.

    9. Focus on One thing at a time. So Don’t Apply for Multiple New Credit Lines.

    10.Patience is the Key. So Be Patient and Persistent to Your Approach.

    Top 5 Business Ideas For Women In India

    If you are an aspiring female who is looking to start a business of her own, then you have arrived at the right place. It’s time for you ladies to open your wings and take a look at these top 5 business ideas for women in India: Here we present the TOP 5 BUSINESS IDEAS for women in india -

    1. You can try opening your own ONLINE BOUTIQUE,

    2. You can try launching your own COSMETICS BRAND,

    3. If you are passionate about photography, then you can also try becoming a WEDDING PHOTOGRAPHER,

    4. If you like to be surrounded by kids or elderly people, then you can try providing DAY CARE SERVICES,

    5. If you like baking, then you can also START A BAKERY BUSINESS.

    TIP - Remember always that launching your own business involves a lot of risks. To be honest, some ideas turn out to be sketchy, while some uncertain and some ideas are really fanciful to be applied. But you should be determined and not give up your dreams at all to become successful.

    Why is My Credit Score Unavailable?

    If someone does not have a credit score, there may be chances of lack of enough information about that person’s credit history, or may be that there are no records at all. Without enough information about your credit history, the agency will not be able to fairly assess you and most probably won't be able to assign a credit score to you. There may be numerous reasons one may not have enough credit history to develop a credit score, which may include:

    ● One has not used any credit in more than 24 months.

    ● One is a very recent immigrant.

    ● One is young and has no experience at all with credit.

    ● One has only recently applied for credit, that too for the first time.

    Tip: People who have higher credit scores can play around with multiple money lenders to find the most suited loan with the best terms and the lowest rate.

    What is Hard Inquiry and Soft Inquiry?

    When an investor hires a credit score checking agency to check any borrower’s credit report, that whole inquiry might get noted as a part of the borrower’s credit history. Such Inquiries are also of two types - Hard and soft. Read more to know what these inquiries are.

    1. When someone applies for a loan, like mortgage loan, auto loan or even credit card, the lender will check your credit score from your credit report from one or more of the major credit agencies, as these inquiries are associated with an actual credit application, they're taken as hard inquiries, and can affect your credit scores. A hard inquiry happens when a lender reviews your credit report as part of the decision-making process. And this type of inquiry appears on your credit report which can influence your credit scores.

    2. Whereas, soft inquiry is when a borrower checks their own credit report or gives permission to the lender or agency to review their credit report. Soft inquiries also occur when businesses, such as lenders, or insurance companies, check your credit report to pre-approve you for offers. As soft inquiries aren't associated with a specific application for a new loan, these inquiries have no effect on borrower’s credit score, they are never considered as a factor in credit scoring models. Soft inquiries are non-disputable, but are available for reference.

    Read More

    • Priyanka Joshi
      March 09,2021

    What are the different loan services available for women online in India?

    Gone are the days where females in independent India were confined within the homes or were cursed with a nine to five job. Currently the time has modified within the favor of females to assist them emerge as the leading entrepreneurs. Females who are full of income generating talented ideas are backed up by many schemes from many financial institutions to make them strong entrepreneurs.

    Read More

    • Priyanka Joshi
      March 1,2021
    Awesome Image
    Read More

    • Priyanka Joshi
      February 27,2021

    What are the benefits for women loan applicants in India?

    With more and more females turning into entrepreneurs, over the years, has also considerably increased the number of females applying for loans. To encourage female borrowers, the government has proclaimed many special advantages, like low interest rate, easy eligibility and many more.

    Read More

    • Priyanka Joshi
      February 27,2021
    Awesome Image

    How is lending women different from lending men?

    Lending to female entrepreneurs is not the same as lending to male entrepreneurs; a distinctive approach is required that will facilitate boost women-run ventures. More typically than not female entrepreneurs realize it harder to start out and run a business as compared to males.

    Read More

    • Mayur
      February 15,2021
    Awesome Image

    Expert Tips for Removing Credit Card Debt.

    Credit cards are often an enormous convenience. But if you aren't careful then a credit card can also be an easy way to get into serious bad credit. Here are a few steps to cut down on your credit card debt.

    Read More

    • Mayur
      February 11,2021
    Awesome Image

    Can You Pay to Remove a Bad Credit Report?

    Having a poor credit score can impact whether you get approved, and therefore the rate of interest that applies, whether you would like to secure your first home, purchase a car or seek finance for a special reason. So, how long does it take to repair your credit score and credit rating if you would like to, and what are you able to do to enhance it? When you apply for a loan, your credit score can affect the process of approval, providing lenders a sign of your creditworthiness.

    Read More

    • Mayur
      February 8,2021
    Awesome Image

    How can the Credit score be beneficial for a loan applicant

    A credit score is the most important thing that decides your creditworthiness although it itself is just a three-digit number. When you apply for a loan or credit card, this is the first and foremost thing that the loan provider will check. This provides an insight to the lender of whether you are worthy of repaying the borrowed amount. This is why it is very important to have a good credit score at all times.

    Read More

    • Mayur
      February 5,2021
    Awesome Image

    6 reasons why it is ideal to opt for a short-term loan

    The first question that comes to the mind, even before applying for a loan, is how long will it take to repay the loan. The duration of repayment is also a constraint due to which many people back out from applying for a loan. If you compare two loans with the same principal amount, the duration of the loan repayment is often the deciding factor for the monthly installment.

    Read More

    • Mayur
      February 2,2021