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Wednesday, September 24, 2025

CREDIT CARDS DANGERS

 Quoting from a newspaper 


"When a businessman was saddled with a staggering debt, from eight credit cards, he was isolated and cut off from social circles. His world quickly shrank to his immediate family. 

He recalls, " Every Rupee owed felt like a chain around my neck. 

I didn't want to meet anyone."


"When people find out you are in trouble, they stop taking your calls and they start avoiding you."


"It was incredibly hard on my family, for all of us. It was a constant struggle to keep life on track amidst the stress and chaos."


In the case of another, deep in debt - credit cards - FREED, a debt resolution platform founded by Ritesh Sreevastava, guided the borrower to set aside a sum every month and diligently work towards a resolution.

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