Non-Performing Assets: RBI Guidelines and Resolutions for Banks
Non-Performing Assets or NPAs in simple terms are those assets that are not bringing any profit to the Banks/ NBFCs. In banking terminology, it is a loan advance for which…
Credit Score: The three-digit judge
A credit score is a three-digit number used by banks, NBFCs, and lenders to assess whether a person is eligible for a loan or line of credit. It was Bill…
How Can I Identify a Gold Loan Fraud?
Gold loans have become increasingly popular as a viable financial solution when in need of quick cash. However, with the rise in demand, there is also a corresponding increase in…
The Rising Threat of India’s Virtual Moneylenders
In the ever-evolving landscape of digital finance, the proliferation of illegal lending apps in India has become a pressing concern. These apps lure borrowers with promises of instant funds but…
Arbitration: A Swift Solution for Resolving Debt Problems
In today’s fast-paced world, the need to resolve problems swiftly is paramount. When disputes arise, the typical inclination is to ascertain which party is wrong and which is right. However,…
Discover Essential Legal Safeguards for Loan Borrowers
In an ever-changing financial market, loan borrowers must navigate a complex terrain laden with hurdles and uncertainties. As the demand for financial help grows, the importance of providing strong protection…
“Turning Gold into a Loan: Smart or Not?”
Today, we delve into the glittering world of finance by trying to understand the link between gold loans, credit scores, and points to consider before you take the loan. Do…
Respect for Every Borrower: Ending Coercive Loan Tactics by Banks
https://youtu.be/cNTlq2Glr0U
A Tale of a Successful Loan Resolution
In the midst of financial instability, being caught in the storm of remaining indebted and unable to pay loans can be one of life's most challenging ordeals. The waves of…
How can I cope with the emotional burden of debt settlement
Facing the stark reality of loan default can be emotionally overwhelming, often overshadowing the financial challenges at hand. In this blog post, we aim to shed light on the often-neglected…