What are the risks of Personal Loan?

Accepted Answer ✓ Accepted

The main risks of a Personal Loan are high interest rates, penalties on missed EMIs, and potential damage to your credit score. Borrowing without planning or taking multiple loans can lead to long-term financial pressure.
3 upvotes

Suggested Answers

High interest and missed EMIs can mess up your finances and credit score.
0 upvotes by Manoj Bansal

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