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Need emergency cash? Use loan against gold to get out of a debt trap

If you are caught in a debt trap, take a gold loan to pay your credit card dues.

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gold loan

Bindisha Sarang 



Need emergency cash? Use loan against gold to get out of a debt trap

The interest rate on loan against gold (LAG) is 9-18 per cent per annum compa­red to 40-45 per cent on a credit card.

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First Published: Fri, February 14 2020. 14:13 IST

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