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15 Nov
  • By Editorial Team
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  • 253 Views

 

Introduction

Rohan recently checked his credit score and to his dismay the number was nowhere near what he had hoped it would be. This threw a wrench in his future plans as he would need a much ...

11 Nov
  • By Editorial Team
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  • 1093 Views

 

If you are an upcoming entrepreneur looking for the ideal way to fund your business, you may have come across a number of terms that has you running to Google. Every time we venture into a new field, the lack of ...

 

We live in a world dependent on money. With an endless stream of expenses and obligations, it is imperative to learn how to manage our means. With a lack of formal training in budgeting and handling personal finances, most of us ...

01 Nov
  • By Editorial Team
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  • 973 Views

 

 

Most millennials do not shy away from buying. They earn, they spend, and they borrow. There is also the You Only Live Once or the YOLO phenomenon, which contributes to the overall tendency to borrow, spend, and then ...

25 Oct
  • By Editorial Team
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  • 513 Views

 

The festive season is here in all its glory and it is time to celebrate with your loved ones. Buying new clothes, gifts for your friends and family, and travelling across the city to meet your loved ones is the norm ...

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Did You Know

Statement of Account (SOA)

Statement of Account or SOA or bank statement is a record of all financial transactions that take place on an individual's or company's account with a bank or other financial institution. In the case of loans, it is a statement which records EMI payments, Pre/Part-payment amounts, penalty charges, etc. Such statements recored both inflow and outflow of money from a given account.

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