Sleepless Nights? 7 Signs Missed EMIs Are Hurting Your Mental Health.
Financial stress from missed EMI payments and multiple debts is a common yet unacknowledged reality for many in India’s middle class, significantly impacting their peace of mind. According to the Money and Mental Health organization, debt problems make people with depression 4.2 times more likely to remain depressed after 18 months. This article, focusing on […]
Case Study: From Financial Crisis Amidst a Health Emergency to Breathing Space for Growth
The outstanding amounts of the loans as of December 2023. Which is roughly 1.83 Crores and the whole debt was settled for 50.65 Lac with an Average Settlement Amount of 5.06 Lacs and an average discount of 72.39%. × Challenge In July 2023, Vinod Gavhane faced a critical personal and financial crisis. Amidst managing a […]
Financial Literacy: What It Is and Why Is It So Important?
In a world of economic uncertainties and ever-increasing financial complexities, the importance of financial literacy cannot be overstated. It is the compass that helps us navigate the intricate maze of personal finance, allowing us to make informed and effective decisions with our money. But just what is financial literacy and why is it so important […]
Personally Handled Debt Management vs. Professional Debt Counseling: Which Is Right for You?
Do you know that while it’s entirely possible to manage your debt on your own, thousands of Indians have ended up deeper in financial distress because they didn’t understand the complexity of repayment, negotiation, and legal frameworks? Professional debt counseling is gaining traction in India due to rising credit card debt, BNPL defaults, and personal […]
Case Study: A New Beginning – Mr. Logesh Venugopal’s Journey From 23 Loan Defaults to Debt Freedom
The outstanding amounts of the loans as of December 2023. Which is roughly 1.83 Crores and the whole debt was settled for 50.65 Lac with an Average Settlement Amount of 5.06 Lacs and an average discount of 72.39%. × Challenge Mr. Logesh Venugopal, a 40-year-old salaried professional from Hosur, Tamil Nadu, found himself ensnared in […]
How Buy Now Pay Later (BNPL) Affects Your CIBIL Score
Did you know that trendy “Buy Now Pay Later” (BNPL) options on quick commerce apps and websites could quietly damage your credit score if you’re not careful? As highlighted by Business Today, young Indian consumers are increasingly falling into BNPL traps, unaware that missed or late payments are reported to credit bureaus like CIBIL, affecting […]
Case Study: From Debt Distress to CIBIL Score Boost: Guiding Mr. Abhishek Pandey Financially and Emotionally
The outstanding amounts of the loans as of December 2023. Which is roughly 1.83 Crores and the whole debt was settled for 50.65 Lac with an Average Settlement Amount of 5.06 Lacs and an average discount of 72.39%. × Challenge Mr. Abhishek Pandey, a client who enrolled with SingleDebt in August 2021, faced a profound […]
How Can Debt and Money Issues Impact Your Mental Health?
Do you know that financial debt doesn’t just affect your bank balance—it can quietly and deeply harm your mental health, relationships, and even your sleep? According to a Financial Express report, rising household debt and economic uncertainty in India have caused a surge in anxiety and depression—particularly among working professionals and middle-income families. What starts […]
