New Delhi, March 6 -- These days, personal loans are one of the easiest loans to get. With a wider adoption of digitisation, you can apply for a personal loan and get the amount disbursed on the same day. Pre-approved personal loan offers make the application and disbursement process quick.

However, when personal loans are available easily, you must take them when you have a real need for money and use it judiciously. You must follow certain dos and don'ts with personal loans. In this article, we will understand some things you should not do with a personal loan.

There is a lot of competition among banks and NBFCs to get customers for their various loans, including personal loans. Financial institutions come out with various offers to w...