A staggering 74% of borrowers are feeling the pinch as loans become more expensive due to the dual impact of rising inflation and increasing interest rates. This phenomenon has implications for various types of loans, including home loans, personal loans, and car loans, as borrowers now face higher monthly repayments. As central banks respond to inflationary pressures by raising interest rates, consumers are advised to assess their financial strategies and budgeting to cope with the increased cost of borrowing. This article underscores the importance of understanding the broader economic context when managing personal finances and debt obligations.