Need advice about loans and finaces
So I have personal loan from multiple sources.
ICICI loan against cc - 3L at 11% Axis PL - 2.5L at 14.5% Liquiloans- 1.2L at 13% flat And some credit card emis around 1L in total.
The emis being deducted from multiple bank accounts as well
The loans were mainly taken for some hospital stuff and marriage.
I was thinking of taking one more loan of 10L. This way I could clear past loans, only 1 emi from one bank account + some cash in hand that I would be requiring in coming months.
The issue is, my employer doesn’t have financial records. We don’t have PF yet, the organisation is not listed in banks.
I earn around 60K a months, emis are around 35K, other expenses like rent, groceries, etc goest up to 25K.
My salary is only source of income we have currently. And I really need to sort out my finances by end of this year.
Please let me know your thoughts and suggestions.
TIA