EMI Moratorium

Aditi Patel09 Apr, 2024Finance

This blog explores the pros and cons of availing a loan EMI moratorium, aiming to provide a balanced perspective to help you make an informed decision. While the moratorium offers temporary relief by deferring payments, it can lead to increased interest costs over time. Additionally, it may negatively impact credit scores and result in extended loan tenures, potentially affecting long-term financial stability.