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CREDIT CARD DEFAULT
Contactless card payments on the rise as Indian shoppers swipe less, tap moreIndian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates suggesting they now account for up ...- Financial independence: Why enabling agency and accountability matter for women, parents, and dependantsI would like to place for discussion not just the question of freedom to decide, but also responsibility and accountability. Why don’t we p...
- Credit guarantee scheme for MFIs still stuck in low gearBanks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...
- Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
- How to travel in the summer of chaosThe travel industry has bifurcated, rewarding those who understand its complexities. Travelers are increasingly spending more, often financ...
- Free airport lounge access via credit cards is getting tougher as banks tighten entry rules, set minimum spending criteriaThe logic is simple: lounge access has become a heavily used perk. Banks earlier assumed that only premium customers or frequent flyers wou...
- UAE private companies must pay salaries on 1st of every month from June 1, 2026 or face legal actionUAE private companies must now pay employee salaries on the first of each month, effective June 1, 2026, as mandated by the Ministry of Hum...
- ‘Water is also a drink’: Waitress mocked customer asking for water at NYC diner, vanished during service, then pushed for preset tip; customer’s final comment left her speechlessA Reddit post about a tense tipping experience at a NYC diner has gone viral after a customer claimed a waitress mocked their water order, ...
- Can you get another loan if you’re already paying EMIs? Here’s the answerYour salary is just the start for loan approval. Lenders scrutinize your income after deducting all current EMIs. This remaining amount, me...
- Trump slams Fed Chair Jerome Powell as ‘Disaster’ as Mortgage rates Stay above 6.5% and 10-year yield nears 4.5%US interest rates are still high and causing problems for home buyers. Donald Trump criticized Fed Chair Jerome Powell over this issue. Mor...
- SBI Card revises late payment penalty charges: Key changes in credit card late payment structure from May 1, 2026SBI Card has revised its late payment charges, effective May 1, 2026, impacting lower outstanding amounts. A new Rs 100 penalty now applies...
- Planning to take home loan? 5 smart ways to maximise your benefitsThe amount you borrow should depend on your personal financial situation, including monthly expenses, existing liabilities, lifestyle needs...
- Off the tough route to loan recoveryA recent video from Pune shows loan recovery agents using force against a borrower. This incident reveals problems within Indian banks. Ban...
- International travel insurance: How to choose right cover with adequate medical protection, add-ons and claims supportMedical coverage, duration and geography, add-ons, and claims experience are some aspects one must keep in mind before selecting the intern...
- Fintechs leverage AI to boost creditworthiness and reduce rejectionsFintech startups are leveraging AI to help borrowers improve their creditworthiness and reduce loan application rejections. Companies like ...
- Can AI fix your credit score? Krutrim shuts down assistant KrutiHappy Thursday! Fintechs are building AI solutions to help boost the creditworthiness of borrowers. This and more in today’s ETtech Morning...
- India's credit card losses spike for millennials’ swipe-spend-default habitCredit card defaults among young millennials have increased, driven by BNPL schemes and e-commerce purchases on EMIs. Credit card outstandi...
- Credit card defaults on the rise; what is the punishment for credit card defaultCredit card defaults: The amount of credit card payments that are overdue has been consistently rising, suggesting that borrowers are encou...
- Credit card default rises to Rs 4,072 crore in FY23Credit card default rose to Rs 4,072 crore or 1.94 per cent at the end of March 2023, Parliament was informed on Tuesday. "As per the input...
- False credit card default? How to prevent identity theftIdentity theft, though not rampant in India, is not unheard of. It is important you do not let your guard down while dealing with direct se...
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