![Planning to borrow? 5 key scenarios in which you should avoid opting for a personal loan | Mint Planning to borrow? 5 key scenarios in which you should avoid opting for a personal loan | Mint](https://i0.wp.com/www.livemint.com/lm-img/img/2025/02/11/1600x900/investor_1739285643142_1739285649870.jpg?w=600&resize=600,400&ssl=1)
Planning to borrow? 5 key scenarios in which you should avoid opting for a personal loan | Mint
Source: Live Mint If you are short of funds currently and want the requirement to be met in the immediate future, what do you generally do? Raise a personal loan? Well, it may work in certain cases, for instance, when you desperately need money for medical emergency, for renovating the house or even for the…