What the media says about us
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- 24 June 2023
- 20 May, 2023
- 20 May, 2023
- 19 May, 2023
- 22 April, 2023
Many different aspects of your life might be ruined by the burden of debt. Your physical and mental health may both be impacted. Furthermore, it’s crucial to understand that continuing to be in debt can have legal repercussions that could devastate your entire life. The only way to prevent legal action against you is to settle your debts.
How will your case be handled in court if you don’t pay your debts?
- 22 April, 2023
Harish Parmar: My business idea was inspired by my extensive experience in marketing and financial services in the UK, which spans over 40 years. During my 30-year visits to India, I noticed that there was a gap in the Indian market for debt management services.
After offering debt management in India for five years, I observed that the way banks recover debt in India required a different approach, leading the business to adapt their services to better serve their customers.
- 18 April, 2023
- 10 March, 2023
Harish Parmar is a Founder of SingleDebt, a Debt Management Solution Provider. He was born in Surat, Gujarat, India in 1954 and he is the oldest of four siblings.
In 1960, his family and Harish migrated to the UK, where he completed his education and earned a postgraduate degree from The University of Manchester Institute of Science and Technology (UMIST) in 1979. He is married and have two sons who are involved in his family business in India and the UK.
- 28 Jan, 2023
- 24 Jan, 2023
Debt is basically a financial term which is used to explain when a person has borrowed money from another person, party, banks institution who is known as a lender. A Loan or a Mortgage is also considered as debt. And when the loan is not repaid it is considered as a Bad Debt. Debts are usually not being paid on time is because of shortage of funds.
- 2 Feb, 2023
Given how often consumers enjoy using their credit cards to pay for vacations, cell phones, and other items that could have been purchased with wise investments, it turns out to have a catastrophic after-effect. A heap of debt follows. In India, a growing number of people are turning to debt management plans as a solution as they drown in debt, deal with obnoxious harassment, and have their credit scores negatively impacted. Through a variety of tailored plans and, occasionally, by providing solutions, debt management plans to assist in reducing the risk of default. Millennials can benefit from some debt management platforms, including:
- 11 Jan, 2023
- 13 Jan, 2023
- 17 Dec, 2022
Debt. Trap: People today have easy access to credit cards, overdrafts, personal loans, car loans, home loans and other source of funding. The lack of financial discipline often pushes people into debt as they take multiple loans from various sources. If they miss paying their even one EMI, it can cast a slur on credit score.
- 17 Dec, 2022
Managing Debt effectively: 5-point guide to reduce your loan tenures – Create a budget by adding up your essential living costs like food and housing and taking these away from any income such as your wage or other incomes you receive.
- 6 Dec, 2022
Managing Debt effectively: 5-point guide to reduce your loan tenures – Create a budget by adding up your essential living costs like food and housing and taking these away from any income such as your wage or other incomes you receive.
- 11 Dec, 2022
- 24 Nov, 2022
We frequently choose to utilize a credit card when we have an urgent financial requirement, mainly due to us not having the funds at that moment. We may also be using our credit cards to meet our monthly bills, which is good as long as we are able to pay the outstanding in full before or on the date it is due.
- 24 Nov, 2022
Over the previous decade, both the number of borrowers and the total amount borrowed have climbed. Millennials support their expensive lifestyles with short-term loans and credit cards. Since the emergence of simple loans through internet lending organisations, this tendency has gained popularity. People are falling into huge financial messes as a result. SingleDebt has voiced worry that this systematic debt trap has become a normal part of life.
- 22 Nov, 2022
Excerpts of the interview with Harish Parmar, Founder of SingleDebt, first and only company in india to offer affordable debt management solution and legal services for debtors. Harish Parmar shares with TechStory the story of SingleDebt and importance of imparting financial knowledge.
In the interview, he also shares his opinions and concerns regarding increased number of illegal loan activities and debt trap.
- 20 Jan, 2020
Debt is a problem we all deal with in one way or the other. Sometimes our debts take over our lives and we begin to sink in them. Finally we reach a stage where we cannot pay back in time.
Some people brazen it out while others contemplate the extreme measure of taking their own lives.
- 20 Jan, 2020
Mirror delves into the often-seedy world of ‘vasooli’ and finds many tales of lives destroyed by recovery agents unafraid of using tactics that border on extortion and even torture.
I am extremely sorry to those I have hurt knowingly or unknowingly. I am trapped in bad debt and at present I don’t have any money to repay. I have decided to end my life.
We took the initiative to spread their words on awareness about Debt Management Solution in India as per RBI guidelines and the illegal harassment by creditors in India.
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