Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Loan against credit card: benefits and risks
short by / on Saturday, 28 June, 2025
A loan against a credit card offers quick funds without collateral, minimal paperwork, flexible repayment, and no usage restrictions. Ideal for emergencies, it often comes with pre-approved offers. However, interest rates are high (20%+), tenure is shorter, and it impacts your credit limit and score. Compare alternatives and ensure a solid repayment plan before borrowing.
read more at Finology