How Credit Card Cash Back Programs Work?

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Credit card cash back programs enable cardholders to receive a portion of their purchases back as cash rewards and maximise the benefits of daily expenses. Credit card spends surged 27 per cent year-on-year (Y-o-Y) to Rs 18.26 trillion in financial year 2023-24 (FY24) from nearly Rs 14 trillion in the year-ago period, according to the…

Pros and Cons of Applying for a Pre-Approved Personal Loan

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In the realm of personal finance, the allure of a pre-approved personal loan can be enticing. It offers the promise of quick access to funds without the hassle of a lengthy application process. However, like any financial product, pre-approved personal loans come with their own set of advantages and drawbacks. Understanding the pros and cons…

Common Reasons Why Student Personal Loan Applications Get Rejected

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In pursuit of higher education, many students turn to personal loans to finance their academic endeavors. However, despite their best efforts, some find their loan applications rejected. Understanding the reasons behind these rejections is crucial for aspiring students seeking financial aid. In this blog post, we’ll delve into some common reasons why student personal loan…

Key Questions to Ask Yourself Before Applying for a Personal Loan

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Taking out a personal loan can be a significant financial decision that impacts your financial well-being in both the short and long term. Before diving into the application process, it’s essential to take a step back and ask yourself some crucial questions to ensure that a personal loan is the right choice for your unique…

Why Gross Income is Important for Taking Personal Loan?

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When it comes to applying for a personal loan, your gross income is more than just a number on your pay stub—it’s a pivotal factor that lenders consider before extending credit. Understanding why your gross income holds such importance in the loan approval process can empower you to make informed financial decisions and increase your…