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Source: Live Mint Personal loans: If you are planning to raise a personal loan it is important to note that this should be meant for something important. Some of the key reasons for raising a personal loan include an emergency, home renovation, tuition for higher education and to host an important function such as a wedding or a…
Source: Live Mint Personal loan: If you have a domestic or overseas travel lined up and are short of funds – you may have a temptation to take out a personal loan for the same. Although fundamentally it is not a complete no-no, it is subject to some checks and balances. Let us understand more on this….
Source: Live Mint Are you planning to go on a vacation by taking out a personal loan? This is obviously not a good idea. A personal loan is an unsecured loan which levies a high rate of interest from borrowers. To avoid falling into a debt trap, one should refrain from taking out loans for such purposes as…
Source: Live Mint It could be so exciting to plan the dream vacation; however, the thrill of travel is sometimes accompanied by the steep cost. The attractiveness of the personal loan to fund the vacation might seem like a no-brainer for many; hence, one must evaluate the pros and cons of taking such a decision….
