Instant Loan vs. Credit Card Loan: Which is Better for Urgent Funds?

• Instant personal loans and credit card loans are options for urgent financial needs like medical emergencies or travel.
• Instant personal loans offer quick approval, 10-24% p.a. interest, fixed EMIs, and are suitable for larger amounts and longer tenures.
• Credit card loans use existing card limits, have 12-18% p.a. interest, offer fast access, flexible repayment, and suit smaller, quickly repayable amounts.
• Choose a credit card loan for small, urgent needs, and an instant personal loan for larger sums over longer periods.
• Always consider interest rates, processing fees, and repayment capacity to avoid financial burden.

Why It Matters: Understand which loan type best suits your urgent financial needs.