Credit Cards have become universal in the financial landscape, with their plastic promises of convenience, purchasing power, and secure transactions. In India, where the financial ecosystem is rapidly evolving, understanding the risks and advantages of using credit cards is crucial for responsible and informed financial management. Advantages of Using Credit…
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What Are Pre-Approved Credit Card Offers?
Pre-approved credit card offers are promotional offers that credit card issuers send to potential customers whom they believe may be interested in applying for a credit card. These offers typically include information about the terms and conditions of the credit card, such as the annual percentage rate (APR), annual fee,…
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Should You Cancel Unused Credit Cards?
The idea of closing a credit card must have crossed your mind if you haven’t used it for a while. However, a seemingly sensible choice, though, may not always be the best one in terms of personal finance. Some credit experts advise keeping unused credit cards open because closing them…