Talking about debt purely, in terms of instant loans, easy loans, cheap credit has spoiled Indian consumer. Unlike US we cannot print money whenever we want to bail out defaults.
Indian banks will continue to push as much credit as they can to trap more assets for interest, that's their...
First of all this is good data, I somewhere read IndusInd bank was leading in credit card spending which apparently is not true. As expected the biggies lead the chart !
Watching this thread only for reference, so @advikm try to tell them that ICICI's Wealth Account does not have many benefits and so you're looking for better offers to park your money.
Step by step increase your tone as you monitor the other person's body language. It's difficult for a 21 year...
Even i thought Freecharge is also not doing very well, Paytm shares were hammered badly after IPO. It was cheap money which fueled growth of many loss making entities for years, now the party is over.
I hope 2 cards + 1 more if you opt for in the future, would be good to use for electricity bills, groceries to keep them active.
Onecard rewards I expect to perish over time once they have made a sizable customer acquisition, like CRED. CRED nowadays is perhaps paying more for their...
Okay. how many Credit Cards do you have and if you do not mind, may you let us know what purpose are each of them planned to be used or are used for. :)
I have only three, might derive some inspiration for a few more.
Depends whether loan was secured or unsecured.
A lender cannot compel legal heirs to pay off an unsecured credit, such as a personal loan or credit card debt.
As there is no collateral in place of the loan with an unsecured debt, no property of the deceased can be seized to pay the bill...
But why would you do that, to keep your cards active ?
But since your bill is generated for 8k, you have to pay 8k on due date unnecessarily isn't it, to keep your CIBIL trustworthy ? Refund adjustments would be made in next billing cycle as I understand.
If you have a corresponding savings account in same bank as your credit card and you have sufficient savings, auto debit is the best way to live light.
:LOL: :LOL: :LOL: This is perhaps a question of many people, how to run a pyramid scheme on an individual basis. But from the comments section it looks like unless you're a big businessman (like Mallya, Modi etc) you cannot take one loan/line of credit to repay another loan/credit card bill for now.
Rent benefits on HDFC: https://www.hdfcbank.com/personal/pay/bill-payments/rent-payment/faqs-rent-payment?utm_tag=Never_Miss_A_Payment&utm_campaign=Imperia_Speak&utm_medium=email&utm_source=April22_Imperia_Speak_NI&utm_content=Never_Miss_A_Payment
Isn't this like a credit card to cash/bank...