Personal loan, Oct. 1 -- This festive season, if your expenses happen to spike so much so that your monthly income falls short of them, then what option would you have? One alternative would be to use your credit card, and the other to raise a personal loan.

It is quite acceptable toborrow money to meet a sudden jump in expenses which caught you unprepared.

There could be a newly-married couple in your network who you want to give a specialDiwali gift to. Or else, it is the first Diwali of your cousin after he moved back to India. There could also be some off-site events that your colleagues are planning. Or else, there could be some other reason.

If you are also planning toraise a loan to meet your expenses, then you must keep in mind...