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 […]
Loan app scam: New way to fool people this festivities
With the upcoming celebration of Ganesh Chaturthi in Mumbai and other parts of the country, it is getting excited and thrilled. However, there is still a haunt of loan app scam fooling people into taking loans from illegal apps for the celebration of Ganesh Chaturthi. Recently, a news story was highlighted like any other. A […]
What are unsecured loans?
Before you take up a loan, from banks or NBFCs, it is to be noted that proper thorough research is required. Banks have many loans available for people. But it is your decision as to what type of loan you require. They offer secured and unsecured loans. These loans are completely different from one another. […]
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 […]
What happens to a person who is unable to pay his debts?
Money problems often lead to many people losing their finances for various reasons. While few people are prepared for unexpected hardships, others fail to cope with them. Having to deal with financial crisis can add more stress to your life. It can be more devastating to deal with repaying your debts and ultimately falling into […]
What Can Debt Counselling Offer Me?
CLICK HERE TO CONNECT WITH US ON WHATSAPP AND KNOW MORE ABOUT OUR SERVICES. What debt counselling can offer me? People suffering from major debt crises can gain financial literacy and freedom through debt counselling. Let us understand what debt counselling is and what it offers. What is Debt Counselling? Debt counselling is a financial […]
Are Bank Recovery Agents Crossing the Line? Here is How to Stop Harassment from Recovery Agents
CLICK HERE TO CONNECT WITH US ON WHATSAPP AND KNOW MORE ABOUT OUR SERVICES. In India, consumer rights have been disregarded for a long time, especially when collecting outstanding dues like bank loans and credit cards. There are numerous cases of oppressive and illegal conduct by recovery agents attempting to collect pending or missed dues […]
The 900-Credit Score: What it Means and How to Get One
CLICK HERE TO CONNECT WITH US ON WHATSAPP AND KNOW MORE ABOUT OUR SERVICES. Your credit score is the most important factor affecting your future purchases. This three-digit number indicated your creditworthiness or the likelihood that you’ll repay money you borrow. It is generally considered that a credit score in India ranges from 300 to […]
Money Management Basics: Top Tips for How to Manage Your Money
CLICK HERE TO CONNECT WITH US ON WHATSAPP AND KNOW MORE ABOUT OUR SERVICES. From paying off debt to maintaining savings for the purpose of emergency savings in the bank, your financial fate hinges on key management basics. It is important to get familiar with the fundamentals of how to manage money from the base […]
Behind the Scenes: How Debt Settlement Companies in India Works and the Risk You Face
CLICK HERE TO CONNECT WITH US ON WHATSAPP AND KNOW MORE ABOUT OUR SERVICES. Debt settlement in India is simply defined as an agreement made with creditors to accept less than the amount you owe. It means that creditors will stop harassing you for the money if you settle down your amount. For many people, […]
