Need help in settlement of your credit card dues or personal loans?
Intimidation, harassment, and violence have no place in a democracy. No one has a right to harass anyone even when they owe them something. There are proper rules and procedures that are laid down by regulatory bodies like RBI that need to be followed by recovery agents. Recovery agencies are third-party agencies appointed by banks […]
Loan settlement is also known as debt settlement, debt negotiation, or credit settlement. In this kind of settlement, the creditor agrees to a debt reduction, regarding it as a full and final settlement that the debtor gives to him. This approach to debt reduction works when the creditor and debtor come to a reduced balance […]
If you have taken some kind of a loan for a period of time but are not able to pay it back, you can get in touch with your bank and tell them about it. Banks usually offer a one-time settlement to borrowers in such cases. This option is offered only after a borrower has […]
It cannot be disputed that loans are a person’s biggest liability and must be repaid in a timely manner. In fact, the entire process of taking a loan and getting it approved is challenging. To add insult to injury, job loss, unemployment, and other misfortunes could lead to troubles when it comes to repaying the […]
It is natural not to be able to make your EMI loan payment in a timely manner every month, which can result in loan default. While some lenders provide borrowers with flexible policy plans, the majority of them don’t, and any default results in a prompt action from their side. If your payment date has […]
Due to the ongoing COVID-19 pandemic, borrowers are experiencing more and more financial stress. This has led to a fear of an increase in Non-Performing Assets among lenders, resulting in a surge of recovery agents employing unruly and coercive tactics to recover funds from the borrowers. Sunil (name changed) is one such individual who took […]
Ragini (name changed) is a woman who had never previously defaulted on any kind of loan until March 2020. Now, loan recovery agents make her rather stressed. She is a 32-year-old teacher who lives in Visakhapatnam. When COVID-19 struck, and a lockdown was imposed in the country, she lost her job, and ever since then; […]
Irrespective of whether you are a self-employed or a salaried individual, Indians across geographies and generations have always shared a dream of owning a home. Most Indians associate homeownership with social standing and national identity. Home loans are a vital part of home buying or building experience. That said, acquiring the financial tool is a […]
We live in an age of commercialization where we can buy anything and everything off the internet. It has become super easy to purchase your favorite items or shop to your heart’s content from the comfort of your bedroom. As consumption is quickly becoming more important than investing and saving among Indians, a recent survey […]
Debt consolidation loans are a well-known option for consumers who struggle with debt. For those who qualify, debt consolidation loans can get you out of debt even faster than alternative options – saving you even more money in interest. Under this type of plan, it’s even more critical that consumers stay up to date with […]
Need help in settlement of your credit card dues or personal loans?
