personal-finance

Mera Kal
Personal Finance

3 min

14 Nov 2024

What You Need To Know About Loan Against Fixed Deposits

Taking a loan on FD might not be known to all. We will try to answer some common queries about loan on fixed deposit and how to go about it.

by Anwesha Roy

Mera Kal
Personal Finance

4 min

16 Aug 2024

Loan Interest Rates Made Simple

Understand the difference between flat and reducing balance interest rates. Flat rates seem simpler but cost you more. Reducing balance rates save you money over time. Calculate interest annually for a clearer picture. Choose wisely to avoid overpaying.

by Mera Kal Staff

<span style="white-space: pre-wrap;">Photo by </span><a href="https://unsplash.com/@hostreviews?utm_source=ghost&amp;utm_medium=referral&amp;utm_campaign=api-credit"><span style="white-space: pre-wrap;">Stephen Phillips - Hostreviews.co.uk</span></a><span style="white-space: pre-wrap;"> / </span><a href="https://unsplash.com/?utm_source=ghost&amp;utm_medium=referral&amp;utm_campaign=api-credit"><span style="white-space: pre-wrap;">Unsplash</span></a>
Personal Finance

2 min

16 Aug 2024

Pros and Cons of Credit Cards

Credit cards are convenient, reward-based payments with potential for debt. Manage spending wisely, pay on time, and avoid high-interest traps. Balance benefits with risks for responsible use.

by Mera Kal Staff

<span style="white-space: pre-wrap;">Photo by </span><a href="https://unsplash.com/@jakubzerdzicki?utm_source=ghost&amp;utm_medium=referral&amp;utm_campaign=api-credit"><span style="white-space: pre-wrap;">Jakub Żerdzicki</span></a><span style="white-space: pre-wrap;"> / </span><a href="https://unsplash.com/?utm_source=ghost&amp;utm_medium=referral&amp;utm_campaign=api-credit"><span style="white-space: pre-wrap;">Unsplash</span></a>
Personal Finance

3 min

16 Aug 2024

What Is a Credit Score? How Is It Calculated?

Understand how it's calculated and impacted by repayment history, credit usage, and inquiry count. Discover India's major credit bureaus: CIBIL, Equifax, Experian, and High Mark. Build a strong credit profile for better financial opportunities.

by Mera Kal Staff

Mera Kal
Personal Finance

3 min

16 Aug 2024

‍What are Personal Loans? What are the benefits and drawbacks of personal loans?

Personal loans offer lump sum funds with fixed repayment terms. Ideal for large expenses like medical bills or home renovations. Lower interest rates than credit cards but often require good credit and may incur fees. Consider eligibility and repayment terms before borrowing.

by Mera Kal Staff

<span style="white-space: pre-wrap;">Photo by </span><a href="https://unsplash.com/@towfiqu999999?utm_source=ghost&amp;utm_medium=referral&amp;utm_campaign=api-credit"><span style="white-space: pre-wrap;">Towfiqu barbhuiya</span></a><span style="white-space: pre-wrap;"> / </span><a href="https://unsplash.com/?utm_source=ghost&amp;utm_medium=referral&amp;utm_campaign=api-credit"><span style="white-space: pre-wrap;">Unsplash</span></a>
Personal Finance

3 min

16 Aug 2024

Tips to improve your Credit/CIBIL score very quickly

Don't worry! Build it up by paying off debts, using credit wisely, monitoring your report, and exploring alternative options. Mera Kal offers loans without a credit score, helping you improve your financial standing.

by Mera Kal Staff

<span style="white-space: pre-wrap;">Photo by </span><a href="https://unsplash.com/@stri_khedonia?utm_source=ghost&amp;utm_medium=referral&amp;utm_campaign=api-credit"><span style="white-space: pre-wrap;">Alice Pasqual</span></a><span style="white-space: pre-wrap;"> / </span><a href="https://unsplash.com/?utm_source=ghost&amp;utm_medium=referral&amp;utm_campaign=api-credit"><span style="white-space: pre-wrap;">Unsplash</span></a>
Personal Finance

4 min

16 Aug 2024

The India Debt-Free Odyssey

Debt can spiral out of control. Don't let it trap you! Create a plan, prioritize payments, explore refinancing. We can help you break free from debt's grip and build a brighter financial future.

by Mera Kal Staff

<span style="white-space: pre-wrap;">Photo by </span><a href="https://unsplash.com/@homajob?utm_source=ghost&amp;utm_medium=referral&amp;utm_campaign=api-credit"><span style="white-space: pre-wrap;">Scott Graham</span></a><span style="white-space: pre-wrap;"> / </span><a href="https://unsplash.com/?utm_source=ghost&amp;utm_medium=referral&amp;utm_campaign=api-credit"><span style="white-space: pre-wrap;">Unsplash</span></a>
Personal Finance

3 min

16 Aug 2024

Has Your Loan Request Been Rejected? Here's Why It Happens and How to Avoid It

Understanding why your loan application was denied is crucial to improving your chances of approval. Discover common pitfalls and expert advice to navigate the lending process successfully.

by Mera Kal Staff