Call us on 022 6263 2626
Loans For People With Low Credit Score
Your journey from rejection to approval of loans begins here !
Credit Sudhaar Finance is an NBFC (Non-Banking Financial Company), which offers loans to people, who have low credit scores and are struggling to break a cycle of poor credit.
Internet is a great source of information. Our way of seeking clarification on various doubts has changed. Till a few years ago, we would ask a specialist or a close ally who we could trust. Now, all of us try to seek answers to the queries through search engines. But what we forget to understand is that the information available online may or may not be accurate. Secondly, the information may or may not be relevant to our country, culture, society, law etc.Learn more
Now this is an interesting question to ask. Will a dispute on some trade line on the bureau report cost something? The answer to this is both No and Yes. Confused? Read on to learn as to how a question can have both yes and no as an answer.First understand the two kinds of disputes that one may encounter on the report. The disputes can be categorized into minor and major groups.Learn more
The credit bureaus who record all the information regarding our credit card and loan payment behaviour are exist since past one decade. They calculate your credit score that the lenders use to assess a borrower's worthiness before making a loan approval decision. But not many people were aware of the importance of this number. Lately people have realized that credit scores affect their financial life significantly.Learn more
It is common knowledge that a bad credit can give you a tough time when you want to get approved for a car loan or a SBI home loan. But did you know that it is equally difficult to rent a house if you have a bad credit history. Landlords want to ensure that the potential tenant is a trustworthy person who pays his bills on time. A look into the credit score helps them decide whether to agree or deny giving the property on rent to the concerned individual. So how can you overcome a bad credit problem while you are looking for a house on rent? Here are 5 tips that will help you qualify for a rental.Learn more
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.
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.
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.
There are plenty of options on the market for people with limited credit history. Shop around to find the card with the lowest APR and fees you can qualify for. If you are having trouble being approved for cards, consider a secured credit card that requires a security deposit or ask a parent to add you as an authorized user on his or her card.
You can withdraw your credit report from any of the credit bureaus as many times as possible. This will not have any bearing on your credit score. However, the enquiries made by lenders can impact the credit score.
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.