While it’s absolutely fantastic to have high income, it’s untrue that it will always lead to a healthy credit score. The truth is your income isn’t even remotely related to your score. For instance, if you are enjoying a fat paycheque every month but haven’t been consistent with your monthly repayments, your score would take a hit. So, to enjoy a good score throughout your financial life, always make sure to make timely payments. It would also help boosting your score, considerably. If your income is low but you’re timely with your debt payments, your reward will be a good credit score which can potentially help you create assets (such as property), which will help you accelerate your wealth creation. … [Read more...] about High income means high credit score, and 6 other credit score myths, debunked
Does bankruptcy improve your credit score
Asked whether she understood how close she came to death, Malala responded: "I think death didn't want to kill me. And God was with me. And the people prayed for me… And now I know that you must not be afraid of death. And you must move forward. You must go forward, because education and peace is very important." … [Read more...] about Malala Yousafzai: What does the Nobel Peace Prize nominee stand for?
Among manufacturing companies that went to the National Company Law Tribunal (NCLT), chemicals and metal firms witnessed more resolutions while companies in the labour intensive (employment friendly) leather and textile sectors mostly get liquidated, reports Abhishek Waghmare. … [Read more...] about Explained in Charts: How IBC has evolved in 3 years
MUMBAI: The changing technology landscape would challenge the traditional banks with Fintech and Big Data driving growth, but banks would continue to be in a position of primacy in finance with them adopting evolving technologies, Reserve Bank of India Governor Shaktikanta Das has said. Even as technology firms provide the tools for reaching customers and enhancing credit assessments, they would be ‘service providers’ to customers on their own or act as agents of banks, he said at a conclave in Mumbai. Laying out how four categories would serve Indian finance, Governor Das said, the first one would be big banks with domestic and global presence, then the mid-sized banks, third one would be small finance banks and the fourth one would be digital players. ``The fourth segment may consist of digital players who may act as service providers directly to customers or through banks by acting as their agents or associates,’’ said Das. ``The reoriented banking system … [Read more...] about We would see a very different banking sector in years to come: RBI governor Shaktikanta Das
I like good Italian red wines and drink them all the time (though I can do without Prosecco or Italian whites) and whenever I travel abroad I stick to the local wine. This means that I have some experience of Spanish, Portuguese, Austrian, Australian and New Zealand wines, but no real knowledge. And when it comes to Germany, it is all too complex for me. (I can’t even pronounce the names.) … [Read more...] about Montrachet, Chablis,Mersault: if you want to know how a white wine should taste, stick to these Burgundies!