🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉
Login

Back to feeds

Debroop

Stealth • 11m

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

Stealth • 6d

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

Stealth • 5m

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
Image Description

Inactive

Stealth • 6m

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 • 6d

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
6
Image Description
Image Description

Shivam Malhotra

Stealth • 8m

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

Stealth • 6m

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 replies14 likes
5
Image Description
Image Description

Tarun Suthar

 • 

The Institute of Chartered Accountants of India • 9m

Have you read the book "Rich Dad, Poor Dad" written by "Robert Kiyosaki" . he is a genius. He admitted to having more than $1.2 billion in debt 🤯. you might have watched his yt Shorts claiming that. He views this debt as a strategic move and a par

See More
8 replies19 likes
1
Image Description
Image Description

Ninetyfive group

Stealth • 15d

This is durgeswara I need a help, I was trapped in loans this Jan 14th is my last date to repay loans I tried all the way possible but no use this is my last option to requesting you people. I don't need for free, if I do well in my rest of the life

See More
19 replies6 likes
1

Kamar Associates

Stealth • 25d

Kamar Thakur, a visionary entrepreneur and expert in the real estate industry, is the driving force behind Kamar Associates, a trusted name in the Delhi real estate market. With a focus on providing comprehensive property solutions, Kamar Associates

See More
0 replies2 likes
Image Description

Al Ganesh

 • 

Tapasya College of Commerce and Management • 5m

Good evening to one and all for all medial supporters. From last 2 years Loans apps drastically increased in India with average range of interest ratings What will be the reason ❓❓

1 replies3 likes

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