Finance Care in India - Credit Card, Credit Score, Fixed Deposits

Credit cards are the most accessible funds for short term loans; thus, everyone needs one. Applying for a credit card and getting one are both two different aspects. Several reasons because of which the credit card application gets rejected are not disclosed, but the consumers can ensure: 1. If the credit card application is rejected, the first thing an individual needs to do is access his credit report. 2. Building good credit behavior helps in improving the credit score. 3. Consumers should buy the credit card from the right lender. Banks have different criteria to provide the credit card, and thus, not all the customers will be able to fulfill the eligibility criteria. 4. If there is an urgent requirement of the credit card, people can go for a secured credit card. These credit cards are issued against the fixed deposits with the respective bank. 5. The credit score is affected when the consumer applies for a chunk of credit card at several banks. Thus