Phishing Scams, What Does it Mean and How to Prevent it
Phishing Scams, What Does it Mean and How to Prevent it As a democratic country, India is now introducing the concept of the digital world. In past recent years, pandemics have majorly affected many people’s lifestyle as well as the mental health. People started taking loans to meet their needs and adapted to digital payment. But […]
How to remove a suit filed in CIBIL when a loan is closed
Being served with legal papers can be frightening and confusing. Choosing the court where the lawsuit will be heard must be one of your first priorities. You must take measures to get the litigation deleted from CIBIL’s records if it has been filed there. This blog post will cover how to defend your credit score […]
Reasons Why You Have A Low CIBIL Score?
Taking a loan or issuing for a credit card can be an issue for you if you have a comparatively low CIBIL score. To know about how to have a good CIBIL Score, firstly we need to know what is a CIBIL Score. What is a CIBIL Score? The full form of CIBIL is basically […]
What happens when a loan becomes a Non-Performing Asset?
An NPA is basically a Non-Performing Asset. When loans which have been borrowed by a person from either an Indian Bank or any financial institutions and when the interests and the loan amount has been overdue for a long period. A long period is basically when it has been more than 90 days. Being a Non-Performing […]
Personal Loan Settlement
Personal Loan is basically an Unsecured Loan which is taken by an individual in such a situation where they borrow money for their personal needs or for an investment in a company. A Personal Loan consists of 3 elements – an Evidence of the debt (for example a Promissory Note), an amount which has been […]
What happens when you don’t pay student loans?
A type of loan which has been designed to help the students pay for their higher education which can be either domestic or international is known as a ‘Student Loan‘. It covers the expenses such as tuition, books, supplies and living. This is different from other types of loans because the interest rate is comparatively […]
What can happen in personal loan default?
A personal loan is an unsecured loan which can be anything from an Individual borrowing money for personal needs to making investments in a company. Many people take out personal loans to cover unexpected expenses or to consolidate their debts. A personal loan can be a good option if you have a good credit score […]
What legal action can a bank take against a credit card default in India?
Your browser does not support the audio element. Carrying a credit card requires systematic use. Like any other credit card companies, they don’t offer errors. Eventually when you miss card payments, you’ll be hit by heavy interest charges and late fees. The consequences may even get more serious and end up taking you into credit […]
What to do if you miss your loan EMI payment
Are you one of those who is missing Loan EMI Payment? Well, this blog is the right place to help you! In today’s life taking a loan has become very easy and convenient for many people who need money to fulfil their desires. Along with commercial banks (private and public sector), non-banking financial corporations (NBFCs) […]
Ways to pay your debts to avoid legal action
The stress of being in debt can ruin your life in many ways. It may affect your mental as well as your physical health. Moreover, it is important to know that staying in debt can have a legal impact that may devastate your entire life. Therefore, it is essential to pay your debts to avoid […]
