when our means do not suffice, than debt is created
with debt comes interest
there are charges like processing charges which would add up
when you are in debt you are paying your income towards
debt and the remaining you use it to make ends meet.
Your standard of living will come down, if your income
does’t increase there by bringing you to a much worse
Thoughts and ideas expressed are personal and would request
you to consult your financial adviser before taking an informed decision.