Back

Debroop

Doer of things. • 1y

Taking loans to repay loans is a bad idea at the outset in any case. I’m no fin expert but I’d suggest saving as much as you possibly can from your monthly income and paying off the debt before thinking of any other luxuries. If you feel the debt is too much to pay, talk to the company About your condition and get them to either a) reduce the interest rate or b) expand the tenure of the loan, thereby reducing the monthly interest

0 replies

More like this

Recommendations from Medial

Akshat kumar Jain

Front end developmen... • 4m

Indian household debt has skyrocketed, reaching Rs 120 trillion in March 2024, a 56% increase since June 2021. This has pushed the debt-to-GDP ratio to 42.9%, raising concerns about consumer spending. With housing loans comprising 30% and vehicle

See More
0 replies2 likes
Image Description
Image Description

Sairaj Kadam

Entrepreneur • 9m

Understanding Debt Financing: A Crucial Funding Option Hey everyone! Today, let’s dive into debt financing, a vital funding method for startups. Unlike equity funding, where you give up ownership, debt financing involves borrowing money that you’ll

See More
3 replies14 likes
8
Image Description

SARASHI ASSOCIATION

Hey I am on Medial • 3m

Sarashi Association Need help for startup and grow.....My aim is to provide loans to common poor business people at very low interest rates, and much lower than normal banks and finance company like half interest loans, small medical expenses loans

See More
1 replies4 likes
Image Description
Image Description

Inactive

AprameyaAI • 10m

India's Youth in a Debt Spiral Soon ? Easy Monthly Installments (EMI): The siren song of modern consumerism. But is it luring India's youth into a financial JHATKA ? 🔌 The EMI Trap Explained: → Attractive low monthly payments → Long repayment per

See More
6 replies12 likes
Image Description
Image Description

Tarun Suthar

 • 

The Institute of Chartered Accountants of India • 4m

How to save Taxes!!! iykiyk -- Part 1. Taking Debt/Loan as funds is best way eliminate taxes than raising Equity shares. as Debt is charged against profits and interest is deducted before imposing tax rate. Also, Be sure that the ROI is higher tha

See More
11 replies17 likes
8
Image Description

Amar Gupta

Advocate, entreprene... • 1m

Can anyone help me find a startup incubator program or loans with no interest? I live in Assam, so anything applicable here will be much appreciated. Thankyou for connecting

1 replies8 likes
Image Description
Image Description

Shivam Malhotra

Founder of stockkhat... • 1y

Hey everyone! I'm developing a fintech app with a unique concept: offering 0% interest loans to users. While this sounds great for borrowers, I'm seeking your input on the biggest challenge - ensuring loan repayment. Here's the idea in a nutshell:

See More
17 replies10 likes
1
Image Description
Image Description

Vaibhav Babruwan Shingde

Student • 10m

why indian Startups are opting for Debt financing? 1. Preserving equity: Debt financing allows startups to raise capital without diluting their equity and ownership. This is important for founders who want to maintain control of their company. 2

See More
11 replies15 likes
5
Image Description
Image Description

Tarun Suthar

 • 

The Institute of Chartered Accountants of India • 23d

Equity vs. Debt - What’s Better for Business Funding? 🤔 Let’s break it down with a simple example: Both scenarios (A & B) start with the same revenue and cost structure. But there's one key difference - the funding source. Scenario A: Funded ent

See More
7 replies32 likes
37
Anonymous

A Game-Changer in Real Estate Investment is Coming! 🚀 What if owning a home wasn’t just about EMIs and debt? What if investing in real estate meant flexibility, security, and true wealth-building—without the traps of traditional finance? The futur

See More
0 replies1 like

Download the medial app to read full posts, comements and news.