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Bloomberg Quint

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Image Credit: Bloomberg Quint

Have Multiple Loans? Here Are Some Tips On How To Manage Money

  • Loans are effective financial instruments to meet unplanned expenses or big-ticket purchases.
  • To manage multiple loans, it is important to calculate your EMIs and ensure they align with your income and expenses.
  • Consider loan consolidation to simplify the management of multiple loans and save on interest payments.
  • Set up automatic payments and create a plan for loan repayment to stay organized and avoid penalties.

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