Is Your Salary Draining Away in EMIs? 4 Effective Ways to Break the Debt Cycle
Are Your EMIs Controlling Your Finances? Do you find yourself waiting eagerly for payday, only to see most of your salary vanish into EMIs within days? If so, you’re not alone in this struggle many face the same challenge and it starts with taking back control of your finances. Millions of salaried individuals in India […]
5 Ways to Protect Yourself from Financial Fraud
Apart from traditional fraud mechanisms, there has been an unprecedented increase in the number of online and cyber frauds in India recently. The digital transformation has spurred on criminal activities done through computers and networks. Cybercrimes have taken away 0.7% of India’s GDP. Cybercrimes range from phishing attacks, identity thefts to online thefts, posing serious […]
Navigating Debt and Financial Challenges in the New Year : The Shrinking Middle Class
A report by Economic times suggested that the socio economic gap is widening with the lower income middle class increasingly shrinking and the super-rich class increasing their wealth. The rich grew their wealth by 86% whereas the middle class shrunk by 25%. This has a boomerang effect on consumption and the rise in inflation has […]
Struggling with Business Debt? See How CIDA Negotiated 72% Savings & Legal Relief
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%. × Introduction In the fast-paced world of performance marketing, financial stability can sometimes be as volatile as […]
Trapped in Loans? How CIDA Negotiated a ₹9.3L Savings & EMI Reduction
Restructured five business loans with moratorium periods, reducing his EMI by 42% & negotiated a settlement of 51% discount on four business loans. Imran H from Mumbai. (Due to confidentiality, we have not provided their photos, real name or the name of their business.) × A businessman in Mumbai was running a successful manufacturing business […]
