Credit Trap Alert: India’s Loan Boom Risks Financial Ruin | World Investor Week | The Money Show #ETNOW
Credit Trap Alert: India’s Loan Boom Risks Financial Ruin | World Investor Week | The Money Show
World Investor Week 2025 highlights surging unsecured loans in India, up 25% YoY, with credit cards at Rs 2.5 lakh crore. Experts warn of over-leveraging risks from small-ticket BNPL schemes, multiple loans, and speculation. Emphasize responsible credit: holistic planning, avoid illegal apps, build emergency funds to safeguard scores and future loans.
#worldinvestorweek #responsiblecredit #personalloans #financialliteracy #debttrap #bnpl #creditscore #rbi #investorawareness #moneymanagement #themoneyshow
control your money with economic times now.
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