Will Your Debt Disappear After 7 Years? The Truth Every Indian Borrower Should Know
One of the most persistent myths in personal finance is that if one stops paying their EMIs and lies low for 7 years, their debt magically vanishes. Borrowers hold onto this belief, thinking that if they can just wait out the lender, their debts will disappear. The “7-year rule” people whisper about is real, but […]
30% of Indians Find Their Debt Hard to Manage, Here Are the Warning Signs You’re One of Them
Most people do not realise they are entering a debt crisis until they are already deep inside one. It rarely begins with one catastrophic decision. More often, it starts quietly — a minimum payment here, a borrowed amount to cover one EMI there, a credit card swipe for groceries, or a salary that disappears before […]
Interest is Keeping You in Debt: 3 Easy Moves to Boost Your CIBIL Score
Every month, thousands of Indian business owners and salaried borrowers make their EMI payments on time, and are still under financial stress. The culprit isn’t laziness or bad luck; it’s interest. Compounding interest drains your cash flow, keeping your outstanding balances high. Additionally, it contributes toward keeping your CIBIL score low just when you need […]
My Partner Ignores Our Debt. What Happens If Only One of Us Cares?
Marriage is often described as a partnership, a joining of hearts, minds, and—inevitably—wallets. But what happens when that partnership feels more like a tug-of-war? You’re losing sleep over mounting EMI notices, while your spouse seems indifferent, avoiding the topic entirely, or worse, hiding the mail. This phenomenon is what experts call “Marital Financial Dissonance.” It’s […]
Debt Isn’t a Crime: Your 3 Non-Negotiable Consumer Rights
Did You Know: Financial stress is currently cited as the number one cause of sleep deprivation among working professionals in India. If you’re reading this, you likely know that feeling: a suffocating knot in your chest that tightens every time your phone buzzes. You know the panic of wondering if today is the day a […]
Personally Handled Debt Management vs. Professional Debt Counseling: Which Is Right for You?
Do you know that while it’s entirely possible to manage your debt on your own, thousands of Indians have ended up deeper in financial distress because they didn’t understand the complexity of repayment, negotiation, and legal frameworks? Professional debt counseling is gaining traction in India due to rising credit card debt, BNPL defaults, and personal […]
Case Study: A New Beginning – Mr. Logesh Venugopal’s Journey From 23 Loan Defaults to Debt Freedom
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%. × Challenge Mr. Logesh Venugopal, a 40-year-old salaried professional from Hosur, Tamil Nadu, found himself ensnared in […]
How Buy Now Pay Later (BNPL) Affects Your CIBIL Score
Did you know that trendy “Buy Now Pay Later” (BNPL) options on quick commerce apps and websites could quietly damage your credit score if you’re not careful? As highlighted by Business Today, young Indian consumers are increasingly falling into BNPL traps, unaware that missed or late payments are reported to credit bureaus like CIBIL, affecting […]
How Can Debt and Money Issues Impact Your Mental Health?
Do you know that financial debt doesn’t just affect your bank balance—it can quietly and deeply harm your mental health, relationships, and even your sleep? According to a Financial Express report, rising household debt and economic uncertainty in India have caused a surge in anxiety and depression—particularly among working professionals and middle-income families. What starts […]
4 Keys to Dealing with (Legitimate) Debt Collectors in India
Do you know that thousands of Indians face aggressive debt collection tactics daily, despite strict RBI regulations? From relentless phone calls to sudden home visits, many borrowers find themselves overwhelmed by debt collectors. While some collection agents operate within legal limits, many cross the line, using intimidation, threats, and illegal harassment—even though the law protects […]
