The Vibe Journal: Finance Blogs

Yes. Using 100% of your credit card limit can negatively impact your credit score. It signals to lenders that you may be over-dependent on credit, which increases your perceived risk even if you pay your bill on time.  What is Credit Utilisation?  The Credit Utilisation ratio is the amount of Credit Utilisation you are using compared to the amount of Credit Utilisation available to you. …

Struggling to keep up with EMIs due to changing financial circumstances? We understand that sometimes the situation doesn’t favour. Many borrowers today choose to extend loan tenure to reduce monthly burden and stay financially stable without missing payments or hurting their credit profile.  Let’s understand how and when to consider extending your loan tenure.  When Should You Consider Extending Your …

Starting a new job is exciting but what if you need funds right away? The good news is that getting a loan for freshers is possible, even with limited work experience, if you meet basic eligibility criteria.  Tips for Getting a Loan with a New Job  If you’ve recently joined a company, here’s how you can improve your chances of getting …

UPI has made digital payments seamless, but sometimes there could be issues that users can face where their UPI ID not getting activated or verification fails. It can be related to connectivity or credentials mismatch or any other technical reason for that matter.  Let’s understand why this happens and how to fix it quickly in more detail.  Common Reasons for UPI Activation Failure  If your UPI ID not getting activated, it usually comes …

UPI has made payments effortless but it has also opened doors for scammers. According to IBTimes India, with over 27 lakh fraud cases worth ₹2,145 crore reported in recent years, the scale of the UPI scam problem is significant.  Let’s break down the most common techniques used in a fake UPI payment scam, so you know exactly what to watch out for.  1. Fake Payment Screenshots  One of the …

The *99# mobile banking service is a USSD-based banking solution that lets you check your bank account balance, transfer money and access banking services instantly without internet or smartphone. You simply have to dial *99# from your mobile phone and that it.  Isn’t it interesting? Read on to understand what it is and how it works in depth.  What is *99# Mobile Banking Service?  The …

UPI is highly secure, but in situations like phone theft, suspicious requests, or fraud attempts, knowing how can I block my UPI ID becomes essential. Acting fast can prevent unauthorised transactions and safeguard your money.   If you’re wondering how to block UPI number, the quickest way is to contact your bank, disable UPI from your app settings, or block your SIM card if your …

UPI has made digital payments effortless in India. From splitting bills to paying for groceries instantly, it has made everything super smooth with just one click. But with convenience comes the need to track every transaction. Knowing how to check UPI transaction history ensures transparency, helps manage expenses and protects you from errors or fraud.  Let’s understand this in more detail.  …

UPI AutoPay is transforming how businesses collect recurring payments. It enables seamless, automated billing for subscriptions, EMIs and services while improving customer experience and ensuring predictable revenue streams.  Read on to understand what it is, how it works and what are the benefits.   What is UPI AutoPay?  UPI AutoPay is a feature introduced by the National Payments Corporation of India (NPCI) that allows …

UPI is basically a digital payment system, while BHIM is a mobile application built on that system. In other words, BHIM is one of the apps that uses UPI to allow instant bank-to-bank transfers. According to NPCI data, UPI recorded more than 12 billion transactions in a 1 month in 2024. It showed how widely …