Insurance GURU-Ravindra kore

26/01/2017

Ganatantra divasachi hardik shubhecha

17/01/2017

Has it ever come to your mind "Why retirement plan?". Yes! then see this video for a clearer understanding& understand the need for it.

14/01/2017

happy makar sankranti...

12/12/2016

Invest today systematically with lic & get free life insurance & good returns

LIC has proved itself in the past & shall also prove itself in the future. Many are connected with LIC today. Here I can provide you the financial solution

25/11/2016

Savings at huge profits!!!!

Grab the offer... Save for yourself BIG TIME!!!!!!!
so invest now before being late... for more information contact me on 9819906512

25/11/2016

Grab the offer... Save for yourself BIG TIME!!!!!!!
so invest now before being late... for more information contact me on 9819906512

14/11/2016

happy children's day!!! So, this children's day gift your child something that shall secure their future.
You want the best for your child but, have you planned for your child's future.Save today for a better tomorrow.Call me now for details
- Ravindra Kore (LIC CONSULTANT) 9819906512

07/11/2016

Just pay Rs.76/- per day and get a risk cover of more than 50 Lacs. Also get your premiums back at the end of the term
- Ravindra Kore (LIC CONSULTANT)
for more information check out our website http://kalyanbusiness.com/ravindrakore.html
or contact me on 9819906512 or at my email ID [email protected].

07/11/2016

Enjoy financial protection & provision of regular payments with LIC’s NEW BIMA BACHAT Plan.

02/11/2016

The rewards of timely repayments on your credit card dues

01/11/2016

Banks look at several parameters, such as income, and employment, among others, while determining the optimal credit limit for applicants. They also offer credit limit increase from time to time based on higher income declaration or good usage behaviour.

A credit limit increase is a reiteration of good credit standing and is like a pat on the back for one?s financial well-being. So, how does one go about securing a higher credit limit and what does it take to be eligible for higher credit limit?

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Credit card applications are aimed at understanding and profiling customers with details like income, employment, residence type, ownership of other assets and loans availed of. By providing complete details and cooperating in the application process, such as during the verification process, applicants can help build a better profile and provide banks the ability to assess and assign a good credit limit.

A good credit score goes a long way in securing credit cards with higher or optimal limits. It is also a sign of prudent use of credit. Hence, ensuring timely payment of credit card and loan dues, both secured (home, auto loans) and unsecured (personal, credit card loans), helps in building a better credit score. Banks also look at steady credit usage and, hence, frequent or multiple inquiries for loan products can be avoided.

Card members would do well to use their card for all expenses. Consistent usage helps build good behaviour scores, in turn allowing banks to offer limit increase. Card members can consolidate spends on one or two cards instead of fragmenting spends over multiple credit cards. Regular spends like fuel purchase or payment of utility bills can be made using credit cards; this will help build good track record of usage and payment.

A permanent credit limit increase leads to the upward revision of the credit limit and is available until the credit card is open for use. Banks also offer temporary credit limit increase to card members for limited period and value to meet unexpected expenses.

Card members must exercise good judgment in usage and payment to build long-term relationship with their banks.

Source : Business Line - 31-Oct-2016