Why you should avoid personal loans with high processing fee, low rate

To lure borrowers, some lenders may keep interest rates low but charge a high processing fee

Tinesh Bhasin |Business Standard
Premium
Why you should avoid personal loans with high processing fee, low rate

Last Updated : Aug 19 2018 | 9:44 PM IST

Listen to This Article

With quick approvals, no collateral requirement, no restriction on end-use of funds and pre-approved offers, personal loans can be helpful in emergencies A personal loan at the lowest interest rate ma

First Published: Aug 19 2018 | 9:44 PM IST

Next Story