Unlock the '5-15-25' Secret Rule Before Taking a Personal Loan

• Personal loans are easily accessible but require careful management to avoid debt traps.
• The '5-15-25' rule advises limiting loan tenure to 5 years, interest rate to 15%, and total EMIs to 25% of monthly income.
• Unsecured personal loans are for needs like weddings or medical emergencies, not depreciating assets like phones or vacations.
• A good credit score (above 750) helps secure lower interest rates (10-13%) and improves financial health.
• Always assess necessity, maintain an EMI backup, and consider processing fees before committing to a personal loan.

Why It Matters: Follow the '5-15-25' rule for personal loans to manage debt, save interest, and maintain financial health.