Personal loans: Why should you avoid taking loan for travel and luxury? | Mint

When you are short of funds, you could have a temptation to borrow money. And it is perfectly alright to borrow when the interest rate and the reason to borrow are ‘right’. But what if you intend to borrow for something as avoidable as going on a vacation or for buying a luxury item. This … Read more

Personal loans: Raising money for vacation needs THIS checklist | 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. Suppose you have … Read more