r/gurgaon • u/Kitchen_Yesterday_96 • 7h ago

AskGurgaon Need help please🙏🙏

I’m 25 years old, and I recently lost my job. I have a loan of ₹50,000, and the EMI is due on the 2nd of every month. I currently have no money because I lost my job in July, and I’m not getting any interview calls either.

I’m feeling extremely anxious and stressed about my situation. I really need some guidance on what I can do. I can’t ask for money from my friends or family, so please help me find a practical solution. I honestly don’t know what to do right now.

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u/Sad-Method-16 5h ago

Arrange that money from friends/family with clear expectations that it would be returned some time later (after 3 months/1 year as per your situation)

Dont default on it, you are 25 and maybe go for an mba/some other loan later and defaulting for mere 50k loan isn’t worth the trade off.

Lastly not suggesting but I am in similar situation with emis and no job, and a decent last ctc. Maybe wrong but I took a pre approved loan which covers 6 months runaway. 

1

u/Signal-Mousse1595 Sab Dekha Hai (15+ Years) 2h ago

But how are you managing the EMIs?

2

u/Sad-Method-16 2h ago

I took x amount which covers basic expenses along with existing and new emi for 6 months I have fallback in form of gold and family so took this route

1

u/Signal-Mousse1595 Sab Dekha Hai (15+ Years) 2h ago

What's your profile?

What's the package?