Is Personal Loan a long-term burden?

Accepted Answer ✓ Accepted

A Personal Loan can feel like a long-term burden if taken for large amounts or long tenures without proper planning. High EMIs over several years reduce flexibility and savings. The burden depends more on affordability than tenure length.
2 upvotes

Suggested Answers

It feels like a burden when EMIs drag on without income growth.
0 upvotes by Manoj Bansal

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