Debt Free Living: Choosing the Best Method to Pay Off Debt
You may be a borrower with exposure to many types of debts resulting in multiple outstanding balances. Remember that all debt carries interest charges on them. Paying off multiple debts requires hard work that can be overwhelming. It depends on the balance between your debt and income. Paying off debt requires careful budgeting and planning […]
Struggling with Debt? Learn How to Take Control and Secure Your Financial Future
Debt in your life can be a mixed blessing. It helps to fund your future personal and business growth plans to impulse purchases and facilitates an instant infusion of cash. Debt within limits can improve your financial stability but too much of it can have a contrary effect when it overwhelms your financial stability. Whenever […]
In A debt Trap? Know Your Rights As A Borrower
Running a small business can be tough, especially when debt starts piling up and it feels like there’s no way out. It’s important to know that many business owners face this challenge and that there are rights and options available to help manage and overcome debt. Understanding your rights and knowing what steps you can […]
Debt Consolidation- Is It An End All Solution to All Your Debt Woes?
Debt Consolidation is often touted a one-stop solution to all your debt woes. Education loan, personal loan, and student loans, you may be labouring under the burden of all these different loans. It is sometimes very difficult to track and make the different loan repayments and principal payments along with juggling your work responsibilities. Debt […]
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 […]
Are Personal Loans Right Choices For Bad Credit Debt Borrowers
Did you know? In 2021, half the Indians faced challenges in getting personal loans due to bad credit scores. As per Bajaj Finance, about 30% of India’s total population had a credit score below 700. People with terrible credit frequently need help to obtain personal loans, as lenders typically reject loan applications based on poor […]
Navigating Rough Waters: A Guide to Tackling Tough Debts
In the ebb and flow of life, financial challenges can sometimes leave us grappling with tough financial stress. Debt can negatively affect our ability to manage our finances. Whether it takes the form of education loans, credit card debt, or unexpected medical expenses. We’ll examine the intricacies of debt, how we frequently accumulate it, and […]
7 Ways to Deal With Debt Stress and Protect Your Mental Health
Do you always feel like you’re under financial strain and drowning in debt? Your entire well-being may suffer as a result of the stress that comes with debt since it can negatively impact your mental health. Regaining control over your life requires addressing this financial stress on both an emotional and financial level. We’ll look […]
How to Deal with an Untaken Loan Showing on Your CIBIL Report
Credit reports are like your financial report cards, showcasing your money-related behavior and trustworthiness. Reports compiled by credit bureaus determine your credit score as well as play a vital role in loan applications. But there’s a twist: These reports aren’t always error-free. Imagine getting penalized for something you didn’t even do, like having an untaken […]
Government Has Brought Credit Card Spend Under LRS Ambit
The Central Government has changed the Foreign Exchange Management Act guidelines to include credit card spending outside of India under the Liberalised Remittance Scheme (LRS). As a result, from July 1, such credit card transactions will be subject to a 20% tax collected at source (TCS). The amendment was implemented this week by the Central […]
