Your go-to resource for financial wellbeing

Debt Management

An IOU debt manager is a tool, app, spreadsheet, or even a notebook for tracking informal money owed between people. It logs who borrowed what from whom, when, and whether it's been paid back split bills, small loans between friends, or one roommate covering another's share. It's completely separate from formal debt like bank loans or credit cards, and it doesn't touch your credit score either way.

By Mohit Juneja | 11 September 2026

Reduce My EMI

Restructuring means a lender agrees to change a loan's terms, tenure, EMI, interest rate, or a payment holiday. Personal loan and business debt restructuring go through the same kind of conversation with your existing lender, but the process and documentation differ meaningfully.

By Mohit Juneja | 11 September 2026

Reduce My EMI

Different consolidation methods, a personal loan, a balance transfer card, or a structured program, affect your credit score in different ways. Applying for new credit can cause a small, temporary dip from the lender's credit enquiry; what happens afterward depends on the method.

By Mohit Juneja | 11 September 2026