Personal loan or credit card loan: Which one should you opt?
While it may be convenient to accept the credit card loan offered to you, take note of the fact that you’re charged 18% GST on your EMIs.
Availing a loan is a smart way to bolster your finances in times of need. As a borrower, you have numerous options available to you and amongst the most accessible ones are personal loans and credit card loans. Both are offered by lenders across multiple platforms through pre-approved loan offers. Also, owing to advancements in the financial sector, you’re able to secure financing while bypassing lengthy verification protocols. Today, getting an online personal loan is a reality and can be as simple as getting a credit card loan, provided you borrow from the right lender.