This is 2nd in my series of articles on how to avoid Debt Traps. In the first one I had talked about how to use Credit cards wisely. I now switch my focus to the next most popular debt instrument- Personal Loans.

Personal Loans have seen a very high rate of take-up till about 4-5 months back and this was the growth driver for most Retail banks.

- Are you caught in a debt trap?
- Are you unsure about how to manage loans/credit cards?
- Are you clueless about how to reduce your EMIs on multiple loans/cards?

If you need any help - feel free to ask our Loan Guru- Amitoj

Masters in Marketing from JBIMS, Amitoj has worked with Citibank for more than 9 years in the areas of Operations, Credit, Sales and Marketing.
He has more than 4 years of exposure to Personal Loans and more than 3 years to Credit Cards in the areas of product development, acquisition channel enhancement and credit underwriting.
He is the resident Loan Guru at www.deal4loans.com and has been addressing customer queries on loans and credit cards for almost a year now.