A 25-year-old earning ₹1 lakh a month has sparked debate online after revealing how his parents want him to become the primary borrower for...

OnEMI Technology Solutions shares saw a strong debut, jumping 11% on their listing day. The company operates digital lending platforms Kiss...

The amount you borrow should depend on your personal financial situation, including monthly expenses, existing liabilities, lifestyle needs...

Homebuyers who booked properties 15 years ago with Jaiprakash Associates Limited (JAL) are anticipating possession following the Supreme Co...

A study reveals most Indian loan defaults are preventable with timely borrower support. Lenders often lose significant value by not interve...

Missing a loan payment, even for one day, can harm your credit score. This can lead to higher interest rates on future loans. Banks may als...

Unlike a home loan or auto loan, which must be utilised for the reason for which you borrow the money, a personal loan has no restrictions ...

Missing EMIs on loans, particularly personal loans, can result in penalties, late payment fees and legal action against borrowers. With per...

In case the bank decides to name the borrowers as defaulters, it will then send a full and final 60 days’ notice under a law called SARFESI...

Don’t take a home loan just because interest rates are low, especially in the Covid-induced uncertainty. Before you borrow and take on debt...

Borrowers have been advised to give instructions in advance to stall the debit, even if they have no money because the bank where they have...

Banks are typically more interested in recovering the money than in starting legal proceedings as the process of attaching and auctioning a...

A borrower can restructure his loan EMI if he loses his job or suffers a pay cut.

Don't skip an EMI. Apart from penalties, it also negatively affects your credit score. Prolonged default can even result in your home being...

In this day and age where project delays and loan defaults by developers have become the norm, it is important to tread cautiously on such ...

Banks are typically more interested in recovering the money than in legal proceedings as the procedure of attaching and auctioning property...

Often loan defaults occur when you take on too many debts simultaneously and then find it difficult to manage.