Too Many Loans to Handle? Sharan Hegde is Here to Save You

Sharan Hegde, aka Finance with Sharan, is known for his diverse knowledge in finance. With more than 2 million Instagram followers, he is a renowned content creator. This successful entrepreneur has been listed in Forbes 30 Under 30. As his followers celebrate his financial advice, Sharan's latest reel helps one to get out of the debt trap.

Bankruptcy

Handling day-to-day expenses at high inflation rates has become difficult. Repaying other loans like home, personal, and car loans becomes more challenging. Many people fail to pay it back and unassumingly get into the debt trap. EMIs pile up one after another over time, and only after missing payments do people recognize they are trapped.

Sharan Comes to Rescue

Sharan suggests withdrawing the Provident Fund amount to repay a home loan to save his followers from getting into such situations. One can withdraw 90% of the PF amount for home loan repayment. Once the home loan payment is made, one can concentrate on paying off other high-interest debts like credit card loans and personal loans. PF corpus can also be used to downpay your home loan.

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A post shared by Sharan Hegde (@financewithsharan)

The Best Adviser and Content Creator

Talking about Provident Fund, Sharan points out that it is one's retirement fund. It is advisable to replace any withdrawals made to achieve your retirement goals. Sharan's unique and engaging approach to content creation helps him gain followers. While informing his audience about provident funds and loan repayment, he manages to deliver entertainment by sprinkling humour into his content.