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Personal Finance

Rohan had four EMIs running comfortably on his salary for two years. A car loan. Two credit cards. A personal loan he'd taken for his sister's wedding. Then his company cut bonuses one quarter, and a ₹40,000 hospital bill landed the same month. He didn't miss the car EMI. He covered it with a credit card cash advance instead. That single decision is where a debt trap usually begins, not with the debt itself, but with the moment new borrowing starts covering old borrowing.

By Mohit Juneja | 25 August 2026

Loan Settlement

Dhani loan settlement happens when Dhani Loans and Services, an RBI registered NBFC formerly known as Indiabulls Consumer Finance, agrees to accept a reduced, one time amount as full and final payment on a personal loan you genuinely cannot repay. The account closes marked "Settled," not "Closed," and the difference between those two words matters more than most borrowers realise going in.

By Mohit Juneja | 25 August 2026

Loan Settlement

Canara Bank one-time settlement is when the bank agrees to close your NPA account for less than what you actually owe. That's it. You pay a reduced lump sum, the account gets marked "Settled," and the debt ends. You're not paying the full amount back.

By Mohit Juneja | 25 August 2026