Hey I am on Medialย โขย 7m
This Super Card is basically training wheels for credit. While it's marketed as "building credit," you're just borrowing against your own money with extra steps. If you have โน10,000 to put in an FD, why not just use that money directly? You're effectively paying interest to use your own money. The real benefit of credit cards is getting an interest-free period on money you don't have yet. This misses the whole point.
Building Bharatย โขย 11m
Imagine instead of keeping your money in boring savings account, you could simply do an FD of it and get good interest rates, but also get a steady no interest credit line upto FD amount to be used by you for daily expenses? Basically your money will
See MoreFounder - Burn Inves...ย โขย 7m
Flipkart's Super Money app introduced the Super Card a few months back. It's a pretty handy option basically, you can get a credit card by just creating a fixed deposit (FD), no need for a strong credit history. So if you're looking to build your cre
See MoreDaily Learnings...ย โขย 1y
Have studied about Monetary Policy in short and it's effect. The monetary policy is a tool through which the Reserve Bank of India (RBI) controls the money supply by controlling the interest rates. RBI is Indiaโs central bank. While setting the int
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Hey I am on Medialย โขย 1y
Hello ๐๐ If Someone has need loan and want at less interest around 8-9% and If someone has money and want to get interest more than 6-7% normally more than Fd so A platform in which we connect two people ,One who want to give money and one who wan
See More#ENTREPRENEURSHIPย โขย 1y
"Weโre building an online lending platform to make borrowing fair and easy for everyone in India. If you've faced high-interest rates or confusing loan terms, weโre here to offer a better way. Our goal is to make borrowing money clear, stress-free, a
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Figure it outย โขย 5m
Today's term of the day: Credit Credit is a kind of loan handed out by financial institutions to businesses and individuals. You can think of it as the ability you have to borrow resources from a lender to pay at a later date, with interest for usin
See MoreHey I am on Medialย โขย 9m
Business Idea: Enabling Credit Card Discounts and Cashback for Non-Credit Card Users In todayโs digital shopping era, e-commerce platforms like Flipkart, Amazon, and others frequently offer discounts and cashback deals, especially for customers using
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