One may take up a loan based on his/her needs and this may
be due to an emergency or if the time is opportune to fulfill a goal such as
purchasing a car. Whatever the reason may be, most of us at a given point of
time in our lives will end up availing a loan. While the value they serve is of
utmost importance in fulfilling our needs, loans bring with them a huge
responsibility and financial commitment. The borrower will have to curtail
expenses to make equated monthly installments(EMIs) and there will always be a worry of paying
off the next...
