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Festive shopping on EMIs? Beware the debt trap of stacking them

1 source1 article First seen Updated India Truth score 34

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Summary

Festive deals and small monthly payments make big-ticket purchases easier, but stacking EMIs can strain cash flows, erode savings and hurt future borrowing prospects.

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  1. Livemint Center IN
    Festive shopping on EMIs? Beware the debt trap of stacking them

    Festive deals and small monthly payments make big-ticket purchases easier, but stacking EMIs can strain cash flows, erode savings and hurt future borrowing prospects.

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