| Too much debt and not enough money
So many people are struggling financially while others are worried about their financial futures. These are actual people with the problems they've faced or the questions they've asked. Lisa and Paul -- Married couple with three at-home teenagers. .
Loan rider
You thought you were home and dry? With interest rates on housing loans floating higher by the month, both existing and prospective borrowers around the country are at their wits end. For those who had opted for a floating interest rate have now landed in a financial soup: EMIs have gone into an upward spiral, repayment terms have lengthened and the dream homes that millions had acquired thanks to timely bank loans have turned into full-blown nightmares. Existing borrowers are scurrying to their financial advisers for help while those planning to go in for a housing loan are quickly putting the move on hold. Delhi-based Gaurav Sharma, a 34-year-old senior manager with Indegene Lifesystems, has all his papers in place to buy the home he has dreamed for a year. But he has now stalled his plans for six months hoping that the home loan market would stabilise.
Debt Management Tips To Bring Your Life Back On The Right Track
Editor's Note: Some Americans find themselves in the situation of paying off debt using new debt. It can become a vicious circle. But there are things that can be done. Here is an article: It has become very easy to borrow loans these days. Advancement in technology has given birth to Internet that has made it convenient for the loan seekers to track the loan of their choice. Just with a few clicks on a lender's website you can access the desired loan online. The ease with which loans are available online nowadays is the main reason behind the growing number of debt related problems. Number of loans taken on different occasions may have benefited you a lot many times and must have worked as lifesaver in urgent situations. But, you never knew that these loans can pose to be a threat to you, now you have to remember which lender to pay, how much and when.
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