Half a decade back, a loan was a last-ditch solution among people for resolving financial issues. On the contrary, personal loans today is a standard tool for funding the requirements/ expenses like wedding ceremonies, long-due vacations/holidays, down payments of cars, houses, etc. Unsurprisingly, many lenders are providing instant personal loans today. But it would be best if you think twice before applying for and taking personal loans. Here are some tips that are worth following before taking up a personal loan: