Category Finance

What is NFT? NFTs Explained

what is nft

NFTs or formerly called non-fungible tokens, seem to have sprung from the realm this year. Between music and art through tacos even toilet paper, digital tokens are trading like 17th-century exotic Dutch tulips, fetching massive amounts of money in certain…

What is Bitcoin? Bitcoin Explained

what is bitcoin 1200x600 px

The 21st Century was introduced with the concept and practical application of the world’s first digital currency known as Bitcoin. Bitcoin became the first cryptocurrency accepted globally where people could make digital transactions with one another in digital money. Since…

How Does Buy Now Pay Later Work

how does buy now pay later work

Buy now, pay later (BNPL) is short-term financing that segregates the total purchase amount into installments. The installments must be paid over a certain period, with the first installment due when a person buys the product. BNPL has gained popularity…

Credit Score Scale

credit score scale

A credit score numerically determines a person’s likelihood of repaying debt and ranges from 300 to 850. A higher credit score would mean that the borrower will pay the dues on time, and the probability of default would be significantly…

What is Buy Now Pay Later?

what is buy now pay later

What is “buy now pay later”? You may have seen this term crop up in the last year or so as a way to describe an increasing trend of buying items and paying for them in installments. It’s been used…

Apps That Loan You Money

apps that loan you money

Cash advance applications are temporary solutions for short-term cash needs, but you may be able to find cheaper alternatives. People can apply for a loan amount before getting their next paycheck through apps such as Dave, Earnin and Brigit, etc.…