debt

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All you need to know about loan restructuring during COVID-1…

Loan restructuring is a facility provided to people who have been under temporary financial stress, to ensure that they can alter their repayment schedule without adversely affecting their credit score.

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To pay off an outstanding loan or to invest? Resolve the dil…

If you have an outstanding debt, should you prioritise paying that off or use the funds at hand to invest to secure your future? While the answer may seem simple, it is not so. You may be conditioned to first repay your debt, but there is merit in continuing your loan, and giving preference to investments. This article explores various factors to consider when faced with such a dilemma. It highlights aspects such as tax benefits of loans, credit score, as well as loan interest vs expected returns. Furthermore, it talks about which loans you should choose to repay and how to invest to make your money work for you. Read on and make an informed decision.

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5 Ways to deal with medical debt

Let us understand what medical debt is, and look for practical ways to get out of it

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  • Views : 14911

Bank or NBFC: Which can you get the best deal?

No two lenders offer the same interest rate; every institution has its own distinct evaluation criteria.

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  • Views : 3271

Looking for a home loan? Here’s what you need to know

Housing loan is a huge long-term liability, so don’t take one without doing your research.

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  • Views : 58

5 Money behaviours that can push you into debt

A little reflection on your money behaviour and spending patterns can help you avoid falling into a debt trap.

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  • Views : 146

How to come out of credit card debt

With almost everything available today at the click of a button or a simple swipe of a card, it is very easy to mess up & get into credit card debt. However, with some careful planning and discipline, one can get out of it and live a life free from financial worries.

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  • Views : 7368

How to be on the right side of debt?

Living in debt has become a way of life. It's time we changed that!

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  • Views : 2713

Confused by multiple debt instruments? Here’s how to choose…

Not all debt instruments are created equally. While you may make the same amount of investment for the same tenure, the financial consequences of it can be vastly different depending on which debt instrument you invested in. In this premium article, we explore the different forms of debt instruments by going over their critical features – interest rate, tenure, eligibility, safety, and more. After this objective analysis and comparison of various debt instruments, you will be more confident in making the right investment decision for portfolio.

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  • Views : 220

How is credit card interest calculated?

Learn how to calculate credit card interest, how to compare credit card interest rates and make smart money decisions

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  • Views : 108673