Is No Cost EMI really a free lunch? The short answer is No. No Cost EMIs are just a marketing gimmick to attract the financially under-educated masses. No Cost EMIs are designed in such a way that there wouldn’t be any benefit for the consumer at the end of the deal. Take an example of […]
Tag: Credit Card
5 Direct and 4 Indirect Benefits of Credit Cards in India
Do you own a credit card? If not, it’s time to hold one. The are umpteen direct and indirect benefits of transacting with Credit Cards in India. Since, I was a kid I was always taught Credit borrowing is bad while Credit lending as good, since it generates money. But there is another face to […]