Understand The Interest Free Period On Your Credit Card?

Interest Free Period On Your Credit CardThey say “Necessity is the mother of all inventions”. Credit Cards were born out of the need to provide an alternative to cash. Almost half a century back, when credit cards were introduced, they became an instant hit. Till date, people love to use their “plastic money” for they are universally accepted, quick, easy and relatively safe, help you keep a record of your purchases through monthly statements, great for bill payments and provide a host of other benefits through their loyalty points programs.

Let’s step in to the wonderful world of credit and learn on how to use credit cards to our advantage by

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CitiCards MadOnDeals IVR Shopping Fraud – Advisory

Citi IVR Fraud IndiaAn esteemed reader of Advisory Services has written to share his plight on the on going IVR Credit Card Fraud that is so rampant in India so that users don’t fall prey to the same. he writes to us asking his right as a consumer of Citibank Credit Cards in India which are governed by quasi-judicial authority, the RBI.

On Friday, I received a call from 9210417583 mentioning that they are calling from so called Citibank customer service OF CITIBANK Credit Card division and they said that they are giving a free Package (1 Tshirt, 1 Pair of shoe, 1 Wallet,

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What According to CIBIL is Credit Hungry Behavior of a Consumer ?

What According to CIBIL is the meaning of “Credit Hungry Consumers” ?
India’s leading credit bureau, CIBIL which manages your credit history and credit score along with global leader Transunion has devised a word – Credit Hungry Behavior for Consumers who makes frequent loan applications [Personal Loan, Auto Loan, Credit Card, etc], as there will be a Credit Inquiry every time an application is made. This sends a negative signal for money lending institutions about the consumer credit profile. In such a case institutions who have already extended loan are likely to raise Interest Rates, Fees or EMI so as to secure their own funds.

To Explain the same, have a look at the following,

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What to do when Credit Card Application is Rejected ?

Credit Card Application RejectedIt is not uncommon for us as consumers to get tempted to BUY the Latest SmartPhone using Credit Card. However, many of you all don’t know the importance of Credit History and thus end up in the soup. A Reader of our Advisory is in a similar situation and narrates his experience with SBI Credit Cards department seeking help,

I have been informed by the SBI Credit Cards department that credit card application was rejected for not meeting the CIBIL Score which is totally baseless. I was sent a letter stating the same which not only caused mental agony as it has questioned my integrity and credibility but also embarrassed me in-front of my colleagues. Because of this reason I had to apply for my CIBIL score which

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Smart Credit Card Use: Free Android Application to Track & Manage Cards / Expenses

SCU SMS BankingCredit cards also known as plastic currency is one of the best and secure medium of shopping and it is getting popular within today’s generation, especially in IT sector people. As per the Reserve Bank of India ATM & Card Statistics for May 2014, Indian people spent over 1,52,100.00 Million Rupees for shopping with over 4,75,46,000 transactions which include ATM and POS transactions made by Credit Cards only!

Managing and tracking of credit card expenses and payment is sometime difficult if you are using more than one credit card and to track these payments and expenses there are many applications present on the Android play store which turn out to be helpful in these situations. Smart Credit Card Use (INDIA) is OFFLINE and most SECURE app to track expenses made by your single as well as multiple credit cards and payments made towards your credit card’s bill in SMART way.

This application READs and analyzes SMSs sent

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