Investing with credit card is not allowed by SEBI in India. The lenders and borrowers may face credit issues. #threadstorm #outreach
Investing with credit card is not allowed by SEBI in India. The lenders and borrowers may face credit issues. #threadstorm #outreach
Most of credit card users fail to repay their debt on time. It is unsecured loan. The recovery of credit card debt is complicated and time-consuming.
That's why Securities and Exchange board of India prohibited the use of credit card for buying shares.
https://leofinance.io/posts/mgibson/investment-via-credit-card-is-it-risk-or-reward
Thanks for sharing your content on threads. Please read this article on how to do it better:
https://leofinance.io/posts/anomadsoul/curation-on-leo-finance-threads-outreach
To do a threadstorm, all replies go under the first thread😉