Loan

[rushikesh_marde]

I have 2 loans of equal installments.1st loan is overdue by 10 days and 2nd Loans due date is today. If I have money to pay one of the EMI now which one I should pay first? Keeping in mind impact on credit score.?

 

[ShavirB]

The one that is overdue by 10 days because you get a grace period of 3-4 days after your due date. So hopefully the Penal Interest on your 2nd Loan will not start getting applied for 3-4 days

 

[rushikesh_marde]

The one that is overdue by 10 days because you get a grace period of 3-4 days after your due date. So hopefully the Penal Interest on your 2nd Loan will not start getting applied for 3-4 days

Thanks brother