Credit Card Approvals

Amid rising delinquencies, banks are slowing down on new credit card issuances this festive season; lenders are cautious due to increased default rates in unsecured lending

When you are considering canceling a card, it should be taken into account how the cancellation of your credit card will affect your credit score

Tectonic change is roiling the credit card industry, and the rules of the game are being reset

For instance, only 14 per cent of cards were being approved in a day in the first quarter of 2014-15. However, this rose to 37 per cent by the end of the fourth quarter of 2016-17