Wedding loans: Are Gen Zs, millennials risking their financial future in pursuit of social media ‘likes’?

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A growing number of younger couples in India are choosing to self-fund their weddings, but nearly 26 percent are using personal loans to cover costs. Destination weddings and personalised experiences are key drivers of this trend. However, financial advisors warn of high interest rates, potential penalties, and impact on credit scores.

 

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