January EMIs That Increase After ‘Introductory Offers’ End
• Many loans come with 'introductory offers' that end, causing EMIs to rise.
• Understanding your loan agreement and planning your budget are crucial to manage the increased EMIs.
• Consider refinancing options if the new interest rate is too high for your budget.
January financial surprises: Introductory offers come to end
Similar to the post-Diwali slowdown, January can bring a financial surprise. The attractive 'introductory offers' on loans may be ending, leading to a jump in Equated Monthly Installments (EMIs).
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