Emergency Just Hit Your Wallet. What Now?
A sudden medical bill. A broken phone. A travel emergency.
When an expense appears out of nowhere, your reaction time matters.
But what’s faster — a credit card swipe or an instant loan?
Let’s break it down 👇
Speed Comparison: Loan vs Credit Card
| Criteria | Credit Card | Instant Loan (Vizzve) |
|---|---|---|
| Access Time | Instant (if card is active) | 5–30 mins (if pre-approved or eligible) |
| Processing Time | None | Minimal KYC + instant digital approval |
| Documentation | None | Basic docs (PAN, Aadhaar, income proof) |
| Disbursal Speed | Immediate swipe | Same-day bank credit (in most cases) |
| Interest-Free Period | Up to 45 days | Not applicable |
✅ Verdict: Credit cards win in speed if already active.
But instant loans via Vizzve are super fast too — especially for users without a credit card.
When to Use a Credit Card in Emergencies
You have an active card with available limit
The expense is within your monthly repayment capacity
You can repay before interest kicks in (usually within 30–45 days)
💳 Best for:
Medical expenses
Online purchases
Travel and flight bookings
When to Choose an Instant Loan Instead
You don’t have a credit card
You need higher amounts (₹25,000 to ₹5 lakh+)
You prefer EMI-based structured repayment
You want fixed interest rates
💼 Vizzve offers:
Approval within minutes
Low-interest rates
Zero hidden charges
Flexible EMI tenures
Vizzve Finance Insight
“In an emergency, speed matters — but so does repayment flexibility.
Vizzve helps you choose the best-fit loan based on your need, urgency, and income.”
Real-Life Scenario
Case: Rahul’s bike breaks down. Repair cost: ₹15,000
✅ He uses his credit card for instant fix
🧾 Repays before due date → No interest paid
Case: Priya needs ₹75,000 for hospital charges
🚫 Her credit card limit is ₹30,000
✅ She applies via Vizzve
💸 Loan disbursed in 25 mins → 12-month EMI plan chosen
FAQs
Q1. Which is cheaper — loan or credit card?
If you repay your credit card within the interest-free window, it’s free. Otherwise, instant loans may have lower rates than rollover card debt.
Q2. Can I get an emergency loan without a salary slip?
Yes! With Vizzve, gig workers and freelancers can also apply based on alternate documents.
Q3. What if I don’t have a credit card or high CIBIL score?
Vizzve matches you with lenders that fit your profile — even with a limited credit history.
Q4. How fast can I get a loan through Vizzve?
Many users get approval + disbursal in under 30 minutes, if KYC and documents are ready.
Q5. Can I use both a credit card and loan together?
Yes, but manage repayments smartly to avoid overlapping interest payments.
Published on : 23rd July
Published by : SMITA
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RBI-Registered Loan Partner | 10 Lakh+ Customers | ₹600 Cr+ Disbursed