Aajkal loan lena utna hi easy ho gaya hai jitna online shopping! But confusion bhi utna hi badh gaya hai — “Personal loan lu ya credit card se cash advance le lu?”
Dono options convenient lagte hain, lekin 2025 ke financial trend ke hisaab se kaunsa better hai? Let’s break it down simple Hinglish mein 👇
What is a Personal Loan?
Personal loan ek unsecured loan hota hai — yaani koi collateral (jaise property ya gold) nahi dena padta.
Banks aur NBFCs aapke income, credit score aur repayment capacity ke basis pe loan approve karte hain.
Key Benefits:
- Fixed EMI (easy monthly budgeting)
- 1–5 years ka repayment tenure
- Lower interest rate (usually 10–18%)
- Big expenses ke liye best — wedding, travel, medical, renovation etc.
What is a Credit Card Loan?
Credit card loan ya cash advance matlab aap apne card se paisa withdraw kar sakte ho, par interest rate high hota hai (usually 30–40% annually).
Key Benefits:
- Instant cash anytime
- No extra documents required
- Best for short-term emergency
Downside:
- High interest rate
- Daily interest charge
- Affects your credit score if not paid fast
Personal Loan vs Credit Card Loan – Comparison Table
| Feature | Personal Loan | Credit Card Loan |
|---|---|---|
| Interest Rate | 10–18% | 30–40% |
| Repayment Tenure | 12–60 months | Flexible but short |
| Processing Time | 1–2 days | Instant |
| Best For | Planned big expenses | Emergency short-term cash |
| Credit Score Impact | Moderate | High risk if unpaid |
Which One is Better in 2025?
If you need paisa for a planned expense (like home renovation or travel), go for a personal loan — lower EMI, better control.
But agar emergency situation hai (like hospital bill ya sudden expense), credit card loan works as a short bridge.
Pro Tip:
Use credit card only if you can repay within 30 days. Nahi toh interest ka mountain ban jaayega
Financial Tip for 2025
India & US dono markets me 2025 me AI-based loan approvals aur credit-linked offers badhne wale hain.
So maintain your credit score above 750, use EMI responsibly, aur hamesha interest rate compare karo before applying.
Try sites like:
- US: NerdWallet, CreditKarma
- India: PaisaBazaar, BankBazaar, Navi
Final Verdict
Personal Loan = Stability + Lower Interest
Credit Card Loan = Speed + Short-term Relief
So, agar long-term planning karni hai — personal loan is your best friend.
But for 2–3 week cash crunch, credit card loan is okay — bas repayment on time karo!
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