Thinking of using EPF to pay loans? Think again, friend!

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Thinking of using EPF to pay loans? Think again, friend!

Hey there! Thinking about using your EPF to pay off loans? Hold on! Experts say that's not the best idea. EPF is meant for retirement, while home loans have interest rates of 7-7.5%. EPF gives you a sweet 8.25% return, tax-free! So, save that EPF cash and think carefully before making any moves!