Monthly Archives: June 2020
Online and offline home loan application compared for you Highlights Opting for a longer term ensures that the borrower has additional time to repay the loan Before applying for a new home loan, you must prepay your existing loans A good CIBIL score allows you to easily benefit from a […]
Loan application refused? Here’s why you may still have to pay a processing fee | Photo credit: BCCL New Delhi: To avoid defaults, most banks and NBFCs have tightened their lending standards in light of the financial downturn caused by the pandemic. Many people who have lost their jobs or suffered pay cuts have applied […]
After the covid-19 crisis, many lenders tightened their lending standards to avoid defaults, which can occur when people’s budgets are stretched due to job losses and pay cuts. Many people who applied for loans during this period and were rejected are complaining on social media that lenders charge them processing fees despite their application being […]
While the ongoing lockdown is likely to impact your loan processing and disbursement due to limited staff and working hours, keeping these five tips in mind will definitely increase your chances of loan approval . Loans act as an invaluable bridge to bring us closer to achieving our financial goals, such as owning a house, […]