Debt Consolidation: Things to Keep in Mind

What would you prefer? One big loan or multiple small loans? I don’t know about you, but I would prefer one big loan, everything else being the same. Why? Too many loans are difficult to manage. You need to keep track of various payment dates. You must ensure that there is sufficient bank balance to… Continue Reading

Struggling with Debt? A DIY Debt Audit May Help You

You are struggling with debt and are unable to keep up with monthly EMIs and card payments. And you have a bigger problem when your debt is spread across multiple loans or credit cards because you must manage multiple facilities. Tracking so many payments can be time-consuming. Plus, there is also a choice involved. The… Continue Reading

The Pros and Cons of Credit Card EMIs

Your laptop has just conked off. A new laptop would cost you Rs 75,000. While 75,000 may not be a big amount for you, you foresee some stress on cash flows and would prefer not to pay at one go. A simple way out is to pay through your credit card and convert the purchase… Continue Reading

How to Identify a Fake Loan App?

With the proliferation of lending apps, you may be able to borrow money with a few taps. However, the problem is separating genuine loan apps from fake apps. Borrowing through a fake app can subject you to hidden charges, high interest rates, data theft, and possibly blackmail, harassment, and extortion. To safeguard borrower interest and… Continue Reading

The 5-20-30-40 Checklist for Home Loans

A house is the most expensive purchase for most people. And since you intend to stay there for a long time, it is not uncommon to let your emotions score over fiscal prudence and buy an extremely expensive house. I must say it is unfair on my part to make such broad-based statements because this… Continue Reading