40% of Families Take New Loans to Cover EMIs
Published
AI-generated summary of the coverage listed below: 40% of families use new loans or credit cards to manage existing EMIs. This practice increases debt levels and risks pushing households into a debt trap.
Covered by 1 outlet across the spectrum: 0% left, 0% center, 100% right.
Who is covering this story
- Right-leaning (1): Deccan Chronicle
Sources
- EMIs Equal to Monthly Income Pushing Families to Debt-Trap — Deccan Chronicle (right-leaning)