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 […]
How to avoid personal loan scams.
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 […]
7 Tips to Help You Get Out of Debt Quickly.
If you’re someone who is unable to repay their debts and struggling to cope with their finances, there are important things that can help you to get out of debt. You may think about talking to your creditors and negotiating a solution with them. But sometimes such negotiations do not end well. In this case, […]
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) […]
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 […]
