Improve Your Credit Score In 20 Seconds!
This hack is a fool-proof way to amp up your score instantly
Helluuuuuu
Kasa kay? I know most of you must be receiving your ITR around now and I’ve a great hack for you to put that money to good use. I mean, I’m not really gonna ask you to use more than what you’d ideally use anyway, but I am super excited for you to read this mailer. But before we get there, tell me this:
What I was up to: This week was all about the cameras and mics! 🎥🎙️ Tomorrow, we’re up for another podcast shoot, and it’s gonna be epic! We’ve been busy bees 🐝 shooting YouTube videos in the office too, so our creative juices are definitely flowing and you can expect some awesome content coming your way soon 📺✨
We released another kick-ass episode of our podcast:
We are now registered mutual fund distributors!! If you would like to check it out, you can fill out this form and our team will get in touch with you soon :)
Market ka haal: The Indian share market took a dip on Monday with Sensex closing at 79,648.92 and Nifity drawing down curtains with no change at 24,347.00 as investors played it safe after the latest bombshell from Hindenburg Research 📉 The report pointed fingers at the SEBI chief and her husband for offshore investments that supposedly benefited from Adani Group shares. This sent ripples through the market, with the Nifty 50 and BSE Sensex feeling the heat. 🌡️
But don’t hit the panic button just yet! According to stock market gurus, the market opened with a bit of a downside gap, but the minimal correction on Dalal Street suggests this is more about profit booking than a full-on Hindenburg meltdown. So, keep calm and carry on! 🧘♂️💼
Humara Gyaan: If you’re a credit card ninja 🥷 looking to boost your CIBIL score before applying for loans (or just because you can), this tip is your new best friend! 💪
Split your credit card payments. For instance, pay 50% of your balance 15 days before the due date and the rest 3 days before. Sounds clever, right? 😏
But here’s the thing—there’s a myth floating around that this trick will magically improve your credit score by making it look like you’ve made two payments in one month. That’s not how it works. 🙅♂️ Regardless of how many times you pay, only one on-time payment will be recorded for each billing cycle.
So, why bother? 🤔
Because this strategy is still gold! 🌟By making additional payments, you can reduce your credit utilization and ensure timely payments—two crucial factors in determining your credit score. Multiple payments throughout the month help lower your credit utilization ratio, which is the amount of available credit you’re using compared to your total credit limit. The lower your balance, the better it is for your credit score.🏆
But remember, this is just one piece of the puzzle. 🧩 Your payment history, amounts owed, length of credit history, new credit, and your credit mix also play a big role in determining your score. So, keep your eye on the whole picture! 🎯
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Many people feel that the credit score game is rigged.🎲 Like it's a puzzle where the pieces don’t quite fit—unless you know the secret moves. That is so untru. The path to a stellar credit score (or anything to do with money) isn’t paved with one big leap, an aggregation of tiny efforts will get you there.
Here’s to making those tiny moves mindfully🍻
Niyati ❤️
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