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If you want to spend more with your credit card or manage money better, you might want a higher credit limit. Getting a limit increase is not too hard if you follow the right steps.

This guide explains everything in a simple way so you can understand how to get a higher credit card limit without any confusion.

A credit score may seem like just a small number, but it can make a big difference in your financial life. This number can affect everything from the loans you qualify for to the rates you pay and even your job prospects. Having a good credit score can open doors to opportunities that may be harder to access with a lower score.

In this blog, we'll explore the key benefits of having a good credit score and how it can help you financially.

A credit card default happens when you stop making the minimum payments on your credit card for a long time, usually for six months or more. While this isn’t something anyone wants, it happens more often than you might think.

In India, a lot of people struggle with credit card debt, and many find it hard to manage. The number of defaults is on the rise, with banks noticing more people falling behind on payments. If you have a credit card, here’s what you should know about defaults and how they can affect your credit:

When you get your credit card bill every month, it shows the total amount you spent. But it also shows something called the "minimum payment" or "minimum due." This is the smallest amount you need to pay to avoid late fees or getting in trouble with the bank.

Usually, this is about 5% of your total bill, but it can be different depending on the bank.

Credit cards are useful for handling your expenses, improving your credit score, and getting rewards like cashback or points. They can make payments easier and help you track your spending. But in India, credit card companies don’t always share all the important details clearly. Knowing these hidden facts can help you make better use of your card and avoid common mistakes.

A balance transfer credit card lets you move your debt from your old credit cards to a new one. The new card often has a lower interest rate or even no interest for a limited time. This means you can focus on paying off what you owe without extra interest charges. It makes paying off debt easier and helps you save money.

A cash advance lets you withdraw cash using your credit card, just like taking money from an ATM. It can be helpful when you need urgent cash, but it comes with high costs. In India, using a credit card for cash withdrawals includes extra fees and high-interest rates, making it an expensive option. Knowing these charges in advance can help you manage your money better and avoid unnecessary debt.

In the world of personal finance, one of the most important things you need to know is your credit score. Whether you’re applying for a credit card, mortgage, or personal loan, your credit score can make a huge difference in whether you're approved and what terms you get. A higher score typically means better interest rates and more favorable loan conditions. If you’re looking to boost your credit score to qualify for better personal loan rates, this blog will cover the basics of credit scores and strategies you can use to improve yours.