“If you are applying for multiple loans, it impacts your credit score. Also what impacts is not just your payment history, even if you are honouring everything but if you are applying for huge amounts of loans, if you are overextending yourself, it could definitely negatively impact your credit score.”
Insurers plan performance-linked battery cover as EVs gain traction
Insurers are adapting motor insurance for electric vehicles (EVs) to address battery-related risks, a major EV cost component. Performance-linked battery failure coverage is being developed,