Struggling to Pay Credit Card Debt in Full?

Your most recent credit card bill is Rs 1.5 lacs. Your cashflows do not allow you to settle the card bill in full. What do you do? Clearly, you should have been more careful and should not have raked up such a high card bill in the first place. While you should have been more… Continue Reading

What Is PM Vidyalaxmi Education Loan Scheme?

The Central Government recently approved the PM Vidyalaxmi education loan scheme. The scheme aims to provide easy loans and financial support to meritorious students pursuing higher studies. In this post, let us find out more about the scheme. What Is PM-Vidyalaxmi Scheme? Note that the Central Government will not offer education loans under this scheme.… Continue Reading

Loans and EMIs Are Not Always Bad

Debt is bad. Loans are bad. That’s what we are fed religiously on various social media channels as well. That’s correct to an extent too, especially for personal balance sheets. If debt is not managed well, it will lead to big problems. However, things are not always black and white. Debt, if taken within limits… Continue Reading

Titan SBI Credit Card — Should You Apply?

Co-branded cards have been the flavour of the season. Many brands have tied up with banks to launch co-branded credit cards and we have covered many such cards in our posts. Every few weeks, I come across a new one. Recently, I came across Titan SBI Credit Card which offers accelerated benefits for purchases across… Continue Reading

MakeMyTrip ICICI Bank Credit Card: Our Review

Co-branded credit cards are quite common. I recently came across one by ICICI Bank and MakeMyTrip — MakeMyTrip ICICI Bank Credit card. In this post, let’s find out more about this card and whether it makes sense for you to apply for this credit card. MakeMyTrip ICICI Bank Credit Card: CashBack Benefits and Limitations 6%… Continue Reading

A Home Loan Is NOT a Scam

Recently, I came across a viral content on social media where the author referred to home loans as a scam. Why? The author took a loan of Rs 48 lacs. EMI of Rs 42K. After paying 15 EMIs, the author had repaid only Rs 75,000 in principal and Rs 4.8 lacs in interest. And it… Continue Reading