Costly Loans to Avoid: Instant Personal Loans, Credit Card Cash Advances, and Lifestyle EMIs
Quick answer: Avoid three costly loans: instant personal loans, credit card cash advances, and lifestyle EMIs. Instant loans often charge 15% to 30% a year, plus fees. Credit card cash starts charging interest from day one. Lifestyle EMIs make you keep paying for products that lose value. Borrow only for real needs, and always compare

