New Delhi, May 7 -- If you are planning to host a wedding and running out of money, you may consider taking a personal loan for the same. Although personal loans - being unsecured - carry a high rate of interest, they come handy during emergencies and other necessary events of life such as a wedding.

However, before you decide to take apersonal loan for hosting a wedding, you must consider the following points.

1.Evaluate the real need: One of the key recommendations is to avoid overborrowing. You may plan your wedding budget carefully and borrow only what you definitely need. You may consider whether some expenses can be cut down, deferred, or paid via savings or other low-cost methods.

2.Compare loan offers: You could check interest ...