‘₹3.3 lakh EMI on ₹2 lakh salary’: Advisor warns of rising ‘fintech debt trap’ among earners
Last Update Date: 06-10-2026
Published by Business Today
Abhishek Kumar's role: Quoted
Abhishek Kumar shared the case in a LinkedIn post cited by the outlet, describing ₹3.3 lakh in EMIs on a ₹2 lakh salary, outlined steps that put cash flow first, and said debt is a behaviour problem.
More of Abhishek's views on debt and loans
Business Today reports on a LinkedIn post describing a salaried earner whose monthly EMIs far exceed income, much of it owed to digital lending apps. The article sets out a five-step plan to regain control, from clearing small loans first to formally closing credit lines, and notes wider concerns about easy digital credit.
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‘₹3.3 lakh EMI on ₹2 lakh salary’: Advisor warns of rising ‘fintech debt trap’ among earners