Top 5 financial mistakes you have made till now? Mine was student loan for studying in an expensive private college. Now I have to pay 12k per month for 9 years.
Anonymous 5
Stealth • 11m
Credit card and BNPL apps were the greatest mistakes of my life. You only realise how bad they are once you are deep in debt.
0 replies3 likes
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AjayEdupuganti
Stealth • 8m
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
Today's Topic : Buy Now Pay Later Services
Do You think BNPL Service will big ?
E.g : Simpl,Lazypay etc.
•Buy Now, Pay Later (BNPL) services are popular for splitting purchases into smaller, interest-free installments.
•BNPL services are targeting
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0 replies8 likes
TREND talks
Stealth • 1m
" Your greatest assets are your reputation and your network
One bad deal can cost you more than your entire fortune."
— Ray Dalio 🌟
There are abundance of lending Banks and NBFacs out there but do you think we need a proper debt collection platform which would be customer centric?
In last 5 years, the banks has written off $129B bad debt. Do you think there must be a proper chan
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6 replies4 likes
Rakshak Gupta
•
Quixy • 4m
I have taken one credit card and paid the amount now I want to close the card but in order to close the card it's taking a hell lot of time and they won't lift the call and reply to the mail I guess all the bank people when we want the card they call
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3 replies5 likes
Prajyot
Stealth • 3m
During conversations with shopkeepers, it has been observed that 20-30% of profits are turning into bad debts. To address this issue, we are considering developing an application that would allow shopkeepers to register themselves, as well as custome
hii ,
At the age of 19 I have unfortunately taken a loan for my friend in mpocket and the loan was never paid.I have neglected that time because I don't have money .Now I am salaried with 5.2 lpa but I have less credit scores , so no credit card are
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2 replies4 likes
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