You are in great need of cash in liquidates form. You have two options to avail, one is personal loan and other is to withdraw the cash from your credit card. What would you have considered? Credit card withdrawal will hit you with interest the moment you take the money out. This can bring a little trouble to you. But, have u considered the other point of view? Let’s see it from other side.
If you don’t use your credit card and avail a loan instead, then you have to consider the wait period till the banks call you. Then, you will be looking forward to the approval of the personal finance application. Further, you also have to make calculations for the processing fee and have to collect the documents related to the application.
Then verification process will go on and in a squeezed or summarized form, you have to go through a long and time taking process to avail a financial help. Can your requirement wait till then? And not to forget, personal loan interest rates are like ranging from 15 to 22% and may vary from time to time.
With credit card, you just have to walk inside the atm and swipe your card once. Just type your credit card pin and the required amount. With card, you always get a cash limit up to which you can withdraw money from your card. Within ten minutes you can avail the hard cash on your hand and fulfill your desire or requirement which is knocking at your door on a very short notice.
The biggest surprise is the interest rate related to the credit cards india ranges from 3 to 4%. With a loan, you would have to pay the emi (equated monthly installment) which is of fixed amount. with credit card, you can either make the minimum payment or more than that, which is completely depends on your choose.
If you don’t use your credit card and avail a loan instead, then you have to consider the wait period till the banks call you. Then, you will be looking forward to the approval of the personal finance application. Further, you also have to make calculations for the processing fee and have to collect the documents related to the application.
Then verification process will go on and in a squeezed or summarized form, you have to go through a long and time taking process to avail a financial help. Can your requirement wait till then? And not to forget, personal loan interest rates are like ranging from 15 to 22% and may vary from time to time.
With credit card, you just have to walk inside the atm and swipe your card once. Just type your credit card pin and the required amount. With card, you always get a cash limit up to which you can withdraw money from your card. Within ten minutes you can avail the hard cash on your hand and fulfill your desire or requirement which is knocking at your door on a very short notice.
The biggest surprise is the interest rate related to the credit cards india ranges from 3 to 4%. With a loan, you would have to pay the emi (equated monthly installment) which is of fixed amount. with credit card, you can either make the minimum payment or more than that, which is completely depends on your choose.
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