New Delhi, Nov. 21 -- If you are short of funds, then it is acceptable as well as feasible to apply for a personal loan. Amid loads of options available all around, you could be spoilt for choice. Whether to opt for an 'instant loan' or a 'loan against credit card' - it is not an easy decision.

Let us try to unwrap the mystery by comparing the features of both these unsecured loans.

Typically, loans against credit cards are pre-approved, and one only needs to click to get the money transferred to your account. It is generally given against the credit card's limit but treated like a separate loan.

On the other hand, instant loans require certain prerequisites such as a good credit score, a minimum salary, and KYC.

These are some of the...