3. ▸ Unpaid credit
card bills incur a
monthly interest
rate of 3–4%.
Affordable rates
▸ Personal loan
interest rates are
lower if you have
a good credit
history.
3
7. How can a personal
loan be used to pay
credit card bills?
▸ Apply for a personal loan.
▸ Once you receive the funds,
use them for a credit card bill
payment.
7
8. How can you apply for a
personal loan?
▸ Online, through your lender's branch.
▸ Offline, with just a few clicks on your
smartphone screen.
8
9. Considerations before
taking a personal loan
9
▸ Personal loan EMIs must be paid on
time.
▸ Avoid using the funds for leisure, as it
will increase your debt burden.
10. “
Unpaid credit card bills will result
in interest accrual and lower your
credit score. A personal loan is
the best way to deal with this
situation.
10
11. 11
Thanks!
Would Love to hear from you.
Hero Fincorp Limited
09, Basant Lok, Vasant Vihar, New Delhi - 110057
Tel : 18001024145
Email : customer.care@herofincorp.com
Website : https://www.herofincorp.com/
Know More : Key Points to Take into Account Before Becoming
a Loan Guarantor