1) Visit Debtloop (my startup)
2) subtract your needs (food, fixed emi,etc) from your monthly income. Only take fixed emi which cannot be postponed here, not credit card over due
2) now you got the free cash flow per month and use it to pay credit catd debt, etc.
0 replies
More like this
Recommendations from Medial
exile
Stealth • 6m
2. Cred’s Credit Card
3 replies10 likes
AjayEdupuganti
Stealth • 6m
Do you use a RuPay credit card with UPI?
How often does your credit card bill exceed your expectations?
Are you spending more because of your credit card?
I just want to understand whether this could become another potential debt trap for Indians
Buying an iPhone just got a lot easier.
Buy now.
Pay over time.
Get your new iPhone and choose to pay over 24 months with No Cost EMI from most leading banks.
So is it good for India. I think No.
At the end of 202
See More
0 replies4 likes
Inactive
Stealth • 5m
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
LIKHITH
Stealth • 6m
STAY UPDATED !!
Credit cards usage growing by 22% in india
Top 5 players (market share)
1.Hdfc bank = 27%
2.Icici bank = 19%
3.SBI = 15%
4.Axis bank = 11%
5.Kotak bank = 4%
Like and follow to stay update
&
Which Credit card do you have ?
24 replies14 likes
Sairaj Kadam
Stealth • 4m
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
Did you know that RuPay credit cards offer up to ₹2 lakh in free personal accident insurance coverage, and up to ₹1.50 lakh in lost card insurance coverage.
All RuPay credit cards offer free personal accident insurance and permanent disability cover,
See More
9 replies12 likes
Praveen
Stealth • 6m
imo, we Indians pay for only 5 things
1. Food
2. House
3. Kid's marriage and education
4. Anything that can give them hope for making rich (like zerodha, stocks etc)
5. Credit / lending
2 replies5 likes
PRATHAM
•
Medial • 5m
Credit Card Will make you Poor‼️
Even though you are meeting all protocols, you are using it stupidly, although if you have 800+ credit score
Reasons:
1️⃣ Invisible Money Heist:
When you swipe that card, your wallet doesn't get lighter. You don't
Idea validation
Not everyone has a credit card, and some may not have cards from various banks.
A platform could be created where individuals exchange the benefits of their credit cards.
For example, if Amazon offers a 10% discount on SBI cards, t