The Central Government has changed the Foreign Exchange Management Act guidelines to include credit card spending outside of India under the Liberalised Remittance Scheme (LRS). As a result, from July 1, such credit card transactions will be subject to a…
Remember the time when the Indian government banned several Chinese mobile applications, including TikTok and Shein? This ban was implemented in June 2020 amid concerns over data privacy and security. The government stated that these apps were “Prejudical To The…
Apprehending financial topics is important for everyone, no matter what caste, creed, or age group you are. Whether it’s managing your home, or handling student loans, the use of this topic helps individuals to take control of financial crisis. Making…
The procedure of loan restructuring might be initiated by extending the loan’s maturity date, with or without modifying the interest rate. The principal payable amount is spread out over an extended payback term in this technique, which relieves borrowers by…
What does a recovery agent do? Recently, many debt collection agencies have harassed people in order to collect on their unpaid debts. As a result, majority of people have been affected by mental illness, and some have even committed suicide…
Buy now pay later schemes is the most instant solution and the coolest way to purchase an essential item, but looking at it closely, it might be a sign of massive interest rates and a debt trap. It is easier…
A number of recent illegal harassment for debts practices have come to the news and are spreading like wildfire. Thus, many people are facing miserable lives by going into severe depression or by committing suicide. This matter has been deemed…
With debt management programs, it is easy for someone who is in debt to repay it. The importance of debt management plan can be a lifesaver for those who are deeply stuck in a debt trap. Debt management plans- also…
With the upcoming celebration of Ganesh Chaturthi in Mumbai and other parts of the country, it is getting excited and thrilled. However, there is still a haunt of loan app scam fooling people into taking loans from illegal apps for…
