Dealing with debt ; For many families, loan repayments can get rough and uneasy. So, how can one manage one's loans better.

Ramesh Sehgal is a worried man. The bank inc reased the 34-year-old FMCG retail executive's home loan rates twice in the last threeyears, driving up his monthly installment to Rs 16,819, up a stiff29 per cent. When Sehgal first took the home loan from a well-knownnew generation bank back in 2005, banks were offering mouth-watering rates of 6.5-7 per cent per annum. Now, it's 11.5 percent.What's worse, despite three years of regular repaymentsamounting to Rs 4.03 lakh, Sehgal's loan outstanding has hardlydecreased. His Rs 17-lakh loan is down to just Rs 16.16 lakh. Atcurrent monthly installments, Sehgal will take 35 years to repay hisloan in full, way beyond his original target …