alexa
Indianmoney.com Missed Call Number
 
Home Education What percentage of your income should you spend on personal loan EMI?

For more knowledge from around the globe get Indianmoney App Now

Google Play
 
Get the Best Financial Advice on Personal LoanClick Here
 
What percentage of your income should you spend on personal loan EMI?

What percentage of your income should you spend on personal loan EMI?

Wednesday, May 10, 2017, 4:42 PM

While it is not advisable to take expensive personal loans, but if one is forced to, the amount should not exceed 10% of one’s income. Combined EMIs of all your loans should not be more than 45-50% of the total income. So in order to be financially fit make sure that you do not exceed these at any cost.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!