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Festive loan this year? 60% of borrowers’ EMIs nearly match their family income – what to check

22 Sept 2026 · 4d agoSource: LiveMint — Money

Festive-season borrowing can add to existing debt stress. A survey found that 60% of borrowers have EMIs that are near or exceed their family income, while 40% use new loans or credit cards to manage existing EMIs. Here’s what to check before borrowing.

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