Tech
View: Can your rent payments help build your credit score
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India is home to a youthful, ambitious, and aspirational population. Every year, thousands move from Tier-II and Tier-III cities to metropolitan areas in search of better career prospects and an improved quality of life. But in the pursuit of their dreams, many end up spending a significant portion—often 30% to 40%—of their monthly income on rent.
Despite rent being a recurring and substantial financial outflow, it has historically remained disconnected from the formal financial ecosystem. Unlike credit card bills or Equated Monthly Instalments…
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