Consumer durables like air conditioners, laptops, smartphones, bicycles, and refrigerators, are in your possession for a number of years as they do not deteriorate quickly. As they are big-ticket expenses, you may consider financing them through a consumer durable loan. In fact, reports show that in India, consumer durable personal loans grew considerably, by 83% in FY2018. Nevertheless, since a consumer durable personal loan can increase your monthly expenditure, you may be wondering how to reduce your EMIs and thereby lessen the strain on your finances. Thankfully, there are a…
Read More5 Ways in Which You Can Reduce Your Consumer Durable Loan EMIs
