Take your time to explore your choices. Not comparing loan options means you might miss lower interest rates and better terms.
One size doesn't fit all. Failing to understand your repayment capacity can lead to a loan too heavy on your finances. Ensure you're comfortable with the EMI.
Overlooking terms and conditions can result in surprises. Always read them to know what you're signing up for.
Beware of overstretching. Applying for multiple loans together can affect your credit score and create a financial burden. Apply judiciously.
Stretching too far? Opting for a longer tenure may seem comfortable, but it can cost you more in interest. Find the right balance for your financial goals.
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