Sources of Loans and Credit

Formal Sources of Credit

Informal Sources of Credit

Comparing Sources of Credit

Government Initiatives and Schemes

Responsible Borrowing and Credit Management

Conclusion

Coming Up Next

Banks

Non-Banking Financial Companies (NBFCs)

Microfinance Institutions (MFIs)

Moneylenders and Pawnbrokers

Friends and Family

Interest rates and cost of borrowing

Accessibility and documentation requirements

Repayment flexibility and tenure

Pradhan Mantri Mudra Yojana (PMMY)

Stand-Up India Scheme

Understanding Credit Scores and Their Significance

How to Check and Improve Your Credit Score?

Tips for Responsible Borrowing and Avoiding Debt Traps

Secured and Unsecured Loans