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Avoiding Debt Traps 2- Do I need a Personal Loan ?

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 rate of take-up till about 4-5 months back and this was the growth driver for most Retail banks.

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