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Month: October 2018

How owning a credit card saves you money?

How owning a credit card saves you money?

No one would have told you that credit card can help you save money. When we think of credit card, interests, debt, repayments etc come to our mind. But according to experts there are many ways by which credit cards actually help you save money. Whether it is discounts, exclusive offers, rewards points, cash backs, or even cheap EMI’s – credit cards provide you with many money saving options that can help you save thousands of rupees and can even…

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Do Employers check your credit score?

Do Employers check your credit score?

Yes they can, anytime you apply for a job, the employer can have you sign a release that permits them to pull your credit reports at will. You might want to start thinking of your credit score being another parameter why you may get rejected for a job. Sixty percent of employers recently surveyed by the Society of Human Resource Management said they run credit checks on all or some potential new hires. That’s up from 43 percent in 2006…

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SC Verdict on Adhaar-Impact on Fintech Companies

SC Verdict on Adhaar-Impact on Fintech Companies

As per Section 57 of the Aadhaar (targeted delivery of financial and other subsidies, benefits and services) Act, 2016 allowed state or any body corporate or person to use Aadhaar number for establishing the identity of an individual for any purpose. This provision is now been read down by SC which is impacting businesses, startups to come up with an alternate means of conducting their KYC which was a paperless, presence-less and low-cost method. Also the current ruling says that…

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