HomeNewsBusinessPersonal FinanceMC Explains | How to manage your credit and borrowing in the era of loan apps?

MC Explains | How to manage your credit and borrowing in the era of loan apps?

The availability of credit with just a click of a button lures us to borrow more and more. Taking a loan is not bad, but it becomes a problem when you borrow for things that are not a necessity. Loan apps have made it easier to borrow, but also made it easier to get trapped in the vicious cycle of borrowing to repay. So here are a few points to keep in mind to borrow responsibly, so that loan apps don’t kill you.

September 02, 2022 / 10:20 IST
Story continues below Advertisement

Moneycontrol News
first published: Sep 2, 2022 10:20 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!