Guys everybody knows that insurances ( health, life and retirement) covers will cover the money for the covers only, but nobody gives the fixed expenses of his family, which is emergency funds, which i think most of the people doesn't know about.
May
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Anonymous 1
Hey I am on Medial • 1y
There's no solution to it. If you lend people emergency funds, its basically loan which they will pay with interest
There are many fraud instant loan companies ,but I want to build an trust worthy loan loan app with fully transparency with user about their interest rates, late fess charges there there are such people who has emergency and they actually need money
Crypto Tax on gains is 30% in india. Incase of emergency what will you choose? Take loan on crypto and repay loan later or just sell crypto and pay tax or any other options you have?
18 replies10 likes
Abhishek Kumar
Hey I am on Medial • 5m
I want to develop an eco system which provides charity loan without any interest
2 replies2 likes
Anurag Bhardwaj
ECE student | Entre... • 1d
Today’s insight: Use other people’s money! 🚀
The rich get richer by leveraging—
Banks lend for assets like properties.
Landlords buy homes, Airbnbs cash flow.
It’s not their money—it’s the bank’s!
They profit while others pay the loan.
How will you
Hi, I am looking for Inverter for starting a Finance Company which will do secured lending to SOHO/Small Shopkeeper/Daily wage earner.
Location - Lucknow
loan Amount - Upto 5 Lac
Rate of Interest - 24% - 30%
Type - Home Loan / Loan Against Property
NEW IDEA FOR MAKE MY TRIP COMPANY::: Give daily n weekly Installments via Paytm or Google pay for customers. example... if Dubai package cost is 30000 rs. then a customer can give 2000 rs. per Sunday via Google pay or Paytm to MakeMyTrip and get pack
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1 replies1 like
Vikas Acharya
Building WelBe| Entr... • 2m
Yenmo Raises ₹9.2 Crore to Expand Instant Loan Services
Yenmo, a Bengaluru-based startup, has raised ₹9.2 crore in funding, led by Y Combinator with support from Pioneer Fund, Zaka VC, and other investors.
What Does Yenmo Do?
Yenmo offers instant lo
The Institute of Chartered Accountants of India • 3m
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
Today I decided to shut my restaurant
Filing for bankruptcy, am I liable to pay private loan holdings ? Total amount is 45L tho I have I have govt loan with insurance in case I default with no collateral
Share your opinion
6 replies7 likes
PRATHAM
Experimenting On lea... • 1d
Why couldn’t India stop Pakistan’s $2.4 billion IMF loan?
The IMF is like a global emergency fund for countries in the financial crisis( like Pakistan ofc ). When a nation can’t pay its bills and no one else will help, the IMF helps but with strict