Being at the point of time in our lives, where we finally feel financially able is enthralling. However, it is imperative to not go overboard on spending, and channelize our monetary resources. We make numerous mistakes during this phase of our lives like we spend more than we earn. This pushes us in a deep …
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What is Personal Loan Default: Understand the Legal Action Against loan
Authored article by Akshay Mehrotra, Co-Founder & CEO, Fibe.in Default on a loan can severely affect your credit history and may dramatically reduce your chance of getting any credit. Sometimes when we are young we choose not paying credit card for various reasons. Sometimes we just don’t have the money, sometime, the utility of the …
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How to Come out of Debt Trap?
Acknowledging that you are over-leveraged is critical in escaping a debt trap. However, to get out of this situation, you first need to understand what is a debt trap. It is a circumstance where one is compelled to take out more loans to pay off existing loans, thereby creating a cycle of debt. Over time, …
Save Your Neck, Save Your Tax
Often it happens that salaried people end up paying more tax than actually needed. This happens mostly because of lack of knowledge about tax saving. If you feel that you have a similar story and are figuring a way out to reduce the tax burden, then this article is for YOU… Indeed, there are many …
Factors Affecting Your CIBIL Score and Their Impact
Nothing is worse than having a bad credit score, as it can tarnish your social image. How do I improve my credit score, what are the factors which hit your CIBIL score hard and what should we do to avoid them, are some of the common difficulties, most of the people go through but they …
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