Sir icici bank main 2015 se gold loan chal raha hai jo ki main utar nahi pa rahi !! Sir ghar main itni kamai nahi hai ki karza utar sake ! Bacche hai chote unki school fee ghar kharcha main sab khatam ho jata hai !! Batay kya kare kaise utar sakte hai karza intrest ki vajh se badhta ja raha hai
Ans: It’s tough to manage rising debt, especially with growing expenses. Here are a few steps you can consider:
Prioritize repayment: Cut down on non-essential expenses and allocate any extra funds towards the loan.
Negotiate with the bank: Talk to ICICI Bank to restructure the loan, extend the tenure, or lower the interest rate.
Look for additional income: Consider small part-time jobs or freelance work to increase your income.
Seek help: You can reach out to financial advisors for guidance on managing and reducing debt effectively.
It’s important to take action quickly before the interest burden grows further.
Best Regards,
K. Ramalingam, MBA, CFP
Chief Financial Planner
www.holisticinvestment.in