Repaying Loans News Today

Harsh Roongta advises paying off expensive loans like credit cards or unsecured loans first. Fixed income bearing investments should be used before considering a top up loan on a home loan to pay that off. Fixed deposits can be used to repay loans through linked savings accounts for liquidity and high interest.

New survey data shows that 61% say the resumption of payments has negatively affected their long-term planning and financial stability.