India’s ban on real-money online gaming is a wake-up call for borrowers. Many players fall into debt by taking personal loans to fund risky games, damaging their credit scores. This blog explains why personal loans should never be used for gambling and how debt consolidation can help simplify repayments and restore financial stability.

Personal loans in India come in many forms—secured loans backed by assets, unsecured loans without collateral, and specialized options like wedding, travel, or medical loans. Understanding these types helps borrowers choose wisely and manage finances better.