4 min read · Debt Resolution
Understanding the Legalities of Loan Restructuring
Learn the legal framework of loan restructuring, RBI guidelines, and their impact on borrowers and lenders. A practical approach for managing financial hardship.
Category: Debt Resolution
2 min read · Debt ResolutionNew Rules, Fairer Loans: India’s Lending Policy Shift
India’s loan policies are evolving to ensure fairness, transparency, and borrower safety. With new RBI guidelines covering digital lending, consent norms, ethical recovery, and grievance redressal, borrowers now have more power than ever to make informed decisions. This blog breaks down the latest updates and what they mean for you
3 min read · Debt ResolutionAre You Swimming In Debt? Here’s Your Lifeline To Financial Freedom
We’ve all been there – that moment when a shiny new gadget catches our eye, and our credit card seems to whisper, “Go ahead, swipe me!” But in today’s world of easy loans and quick credit, many of us are paddling in deeper waters than we realized. Let’s talk about something that affects many of us but few want to discuss: debt traps.
4 min read · Debt ResolutionMastering Your Money: Steps to Avoid the Debt Trap
In the simplest sense, it is like quicksand; the more you try to get free from it, the deeper you get into it. This is the borrowing, repaying, borrowing, repaying—strange cycle that seems to define it. When people encounter stress-related insomnia, they feel as if they are in a bottomless pit of debt. The silver lining is that, with the right attitudes and strategies, one can avoid such a pitfall. Let us elaborate on this a little more.
4 min read · Debt ResolutionManaging Multiple Debts: A Practical Guide to Handling Unsecured Loans in India
One of the most overwhelming feelings in this world is the burden of multiple loans like personal loans, credit card dues, and payday loans, especially in a society like ours. We live in a society where taking loans is easy; however, financial literacy still lags behind. However, all it takes is the correct strategy, and with the right steps anyone can come out of this trap.
4 min read · Debt ResolutionStuck in Debt? Causes & Solutions under Indian Law
Finances can be nightmares in today’s world, particularly when debts build up and become unmanageable. Such situations often trap individuals in endless cycles of financial distress. Escaping this requires understanding the causes of debt traps and seeking the right legal advice. Below, we’ve outlined key causes of debt traps and how Indian legal provisions can help overcome them.