How to Raise Your CIBIL Dispute and Improve Your Score
A CIBIL dispute refers to the process of raising a formal complaint or disagreement with the Credit Information Bureau India Limited (CIBIL) regarding any inaccuracies or discrepancies found in an individual’s credit report. What Is CIBIL Dispute All About? A credit report is a comprehensive record of an individual’s credit history, including details of their […]
How do bad financial habits affect your future?
Bad financial habits can have a profound and lasting impact on your future financial well-being. From excessive spending and accumulating debt to neglecting savings and failing to plan for the future, these habits can hinder your ability to achieve your financial goals and create financial stability. In this blog post, we will delve into the […]
How Can Smart Money Management Help You Achieve Your Financial Goals
Achieving the vision-aimed financial goals seems like a drift these days. Whether it’s saving for retirement, purchasing a dream home, or starting a business, smart money management is the key to turning aspirations into reality. Today’s blog is emphasized how great financial practice can take you a long way to success in terms of financial […]
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 […]
What Is Financial Wellness, and Why Is It Important?
Download audio The basics of Financial wellness guide to the state of a person’s overall financial health. It goes beyond the concept of just having money and focuses on achieving a sense of financial stability, security, and peace of mind. It encompasses different values of personal finance that include saving, budgeting, debt management, investment, and […]
The Importance of Seeking Help When You’re Unable to Pay Your Debt
Pay Your Debt Consumer debt levels have expanded in each class, however, home loan, vehicle, and Mastercard debts were the greatest driver of the general increment. People are forced to take loans, which makes them spend more than they earn. High inflation and financial stress brought on by the pandemic are increasing household debt, particularly […]
What Is Loan Restructuring & How Can It Benefit You
The procedure of loan restructuring might be initiated by extending the loan’s maturity date, with or without modifying the interest rate. The principal payable amount is spread out over an extended payback term in this technique, which relieves borrowers by lowering the EMI load. Another loan restructuring option that can assist a troubled borrower is […]
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 […]
RBI Observed Financial Literacy Week in February
CLICK HERE TO CONNECT WITH US ON WHATSAPP AND KNOW MORE ABOUT OUR SERVICES. The Reserve Bank of India (RBI) has declared February 14 to 18 as financial literacy week in order to promote financial education among the public. The program is aimed at educating the general public on the importance of financial literacy and […]
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 […]
