Harassment By EMI Vendors Led To Art Director’s Death
Finance officers of loan companies can sometimes contribute to severe mental stress in people through various actions and practices. It’s important to note that while some individuals in these roles may engage in questionable or unethical behavior, not all finance officers or loan companies are involved in such practices. Today we have heart-wrenching news on […]
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 […]
Does stop payment affect your credit
It’s crucial to understand how certain decisions can effect your credit score when handling your finances. Stop payments, as the name suggests, are a type of financial word that relates to telling your bank to cancel a previously authorised cheque or payment.This article’s goal is to explain the consequences of making a stop payment and, […]
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?
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 proper planning […]
What legal action can a bank take against a credit card default in India?
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 card default. Let’s take a closer look at […]
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. […]
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?
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 service offered and designed to educate the people. People will learn and understand how […]
How Much Credit Card Debt is Too Much?
How Much Credit Card Debt is Too Much? Are you relying more on your credit cards than you should be? How do you know if you are relying on too much credit? The answers vary from person to person and their financial situation. However, there are a few general tips that everyone should follow to […]
