Call us on 022 6263 2626
Any action would have a corresponding reaction. While multiple correct actions may be required to achieving the set objectives, only one wrong action can ruin the same. And when it comes to financial matters, a wrong action can be devastating.Learn more
There are a variety of loans available in the market. You can choose from ample number of options suiting your needs. But do you know that every loan has its perks? Do you know the terms and conditions of each loan? How to repay them? Does repaying them before time will get you some benefits?Learn more
Mr. Nath was in the process of making a checklist that comprised of aspects to focus on before he started to look for a home and get a loan for it. Here are a few things that were included in the list made by Mr. Nath:Learn more
When you are young, you get a lot of suggestions on your education stream choices, career choices and also extra curriculum choices, but no one suggests you try building a credit score when you have just started your career. A credit score plays an important role in your financial health, as this is the only way you can get a loan. If you do not have a credit score to start with you will definitely be denied any type of loan in future. We are suggested by our elders, not to take any debts to fulfill your needs but sometimes situation demands you to opt for a loan and that is when the credit score comes to your rescue.Learn more
Loan application can get declined for various reasons. The credit score or credit status is one of those. But borrower's credit score also happens to be the most important and dominant reason impacting the outcome of a loan application. The other reasons for decline could be failed verification, incomplete documentation apart from the credit policy of the bank.
While Credit Sudhaar Finance will review the past defaults, it would not be to reject the loan application but to weed out the intentional defaulters and lend to those who have not been able to pay for some exigency.
The low credit score generally leads to rejection of loan application. Credit Sudhaar Finance has introduced an innovative product that aims to extend loans to those who have low credit score. Irrespective of the reason for low credit score, including delinquent accounts, Credit Sudhaar Finance will evaluate the application and will lend if the borrower meets the laid down criteria.
Yes, getting a loan in individual capacity is definitely possible despite having a bad credit score. Credit Sudhaar Finance has introduced "Plus Loans" product for individuals who have stressed credit history owing to mistakes made in past.
There is no particular loan defaulter list. The underwriting is based on the data available on applicant's current and past accounts available on the credit bureau report.