Struggling with Personal Loan EMIs? Avoid Recovery Agents with These Tips!

• Communicate proactively with your lender if you face difficulty repaying your personal loan, rather than avoiding calls.
• Explain your financial situation calmly to recovery agents and lenders; ask for temporary relief or restructuring options.
• Document all communications with lenders and recovery agents, especially if agents behave inappropriately, and file a complaint if necessary.
• Understand that missing a few EMIs doesn't immediately lead to legal action; legal measures are usually a last resort after prolonged non-payment and evasion.
• Prioritize unsecured personal loans for repayment and avoid taking new high-interest loans to cover old debts.

Why It Matters: Proactive communication and honest assessment of your financial situation are key to managing personal loan repayment issues.