CIBIL Score Vs Credit Score – What’s the Difference?

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Whether you want to access loans, apply for credit cards, or get low interest rates, a good credit profile is essential.  For credit profiles, two terms you would have come across are ‘CIBIL score’ and ‘credit score’. While people use both the terms interchangeably, they have different meanings and implications. However, both play a vital…

Is 700 a Good Credit Score, or Bad?

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Your credit score is an important aspect of your financial health. It influences your ability to get loans, credit cards, and favourable interest rates. A 700-credit score is a common benchmark people wonder about: Is it good enough to secure positive loan terms? Does it reflect a healthy financial profile? Let’s understand where this score…

What Should You Do if Your Credit Card Application Gets Rejected?

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Imagine you’ve carefully filled out a credit card application, submitted all necessary documents, and eagerly await your approval. But then, the unthinkable happens—your credit card application gets rejected. It is a frustrating experience, leaving you questioning where you went wrong. Many face this scenario, and it is essential to understand why this happens and how…

What is OTP in Credit Card Transactions?

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An OTP or a one-time password has become an integral part of online transactions and banking in recent times. Especially for credit card transactions, OTP ensures an added layer of security and prevents misuse. This has become especially important as the number of digital payment fraud cases reported by banks increased by 70.64% to ₹2,604…

How to Detect a Fake Credit Card

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Credit cards are used for almost everything today, from shopping to paying bills. But if a card is fake or its details have been copied, it can be misused. Knowing a few basic checks can help you spot the warning signs early. This guide explains how to detect a fake credit card by checking its…