Today morning, my wife interrupted my normal Newspaper time and told me to read an article about Defaulter Helpline. Not that I’m a defaulter nor am I chronically indebted. However, this article can be a preventive measure if you’re in a similar situation or might fall if you don’t take care of your loans, debt, credit cards usage.

I wasn’t aware that India has setup institutes where you can get Credit Counselling to reorganize your debt and prevent your income from eroding. You can overcome the debt burden and improve your money management skills too. Abhay and Disha are two initiatives, supported by the Bank of India and ICIC Bank Limited, started in early 2007. They cover the broad categories of – Financial Education, Credit Counselling and Debt Management.
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