personal financeDebt Consolidation
#RI-69ba70b5
29 days ago
1
"Take ₹3 lakh personal loan to close gold loan"
What Actually Happened
I took a ₹3 lakh personal loan at 10.5% interest to close my family's gold loan, but I'm still paying ₹14k/month EMI which feels heavy on my ₹45k salary
What I wish I knew
"I wish I had explored cheaper loan options or considered delaying the gold loan repayment"
Advice to Someone Facing This Now
If I could tell you one thing
"Consider your income stability and other financial obligations before taking a large loan"
Regret Score
6/10
Significant downsides.
Complicated feelings about the outcome.
Complicated feelings about the outcome.
personal finance Category Average
?%
of personal finance decisions share a similar regret distribution. (Coming soon)
Impact
-
Financial and Psychosocial impact distributions for this subset.
Advice for Someone Facing This
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