The interest rate charged on credit card outstanding can range between 36 to 45% per annum, which is huge. Converting it into a personal loan can bring down the interest rate and give you enough time to repay with smooth EMIs that are easy on the pocket.
Unable to pay credit card outstanding? Should you convert it to a personal loan with easy EMIs
livemint.com - 22 Jul 2024 15:00
The interest rate charged on credit card outstanding can range between 36 to 45% per annum, which is huge. Converting it into a personal loan can bring down the interest rate and give you enough time to repay with smooth EMIs that are easy on the pocket.
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