Is it better to take a gold loan over personal loan?

Answers

exactduke

Who is giving this gold loan??

Anonymous

It is smart to try to avoid ANY type of loan.

Erik

wtf is a gold loan?

Judy

a gold loan????

oklatom: https

https://www.iifl.com/gold-loans/calculator https://www.consumersadvocate.org/personal-loans/a/best-personal-loans?pd=true&keyword=personal%20loans&bca_campaignid=112085216&bca_adgroupid=3299722936&bca_matchtype=e&bca_network=o&bca_device=c&msclkid=d31e7973fa031af44f42252351b3d344&utm_source=bing&utm_medium=cpc&utm_campaign=b%20Personal%20Loans&utm_term=personal%20loans&utm_content=Personal%20Loans%20Exact Compare, choose.

tiescore

Gold Loan? Do you mean some kind of collateralized loan with gold as the collateral? If you don't mind losing the asset if you can't repay then usually the terms on a collateralized loan are better. That said they aren't common, at least outside of a mortgage.

Jerry S

no, price could drop.

MrDomino

yes, coz gold keep the price higher over time