Amitoj

Avoiding Debt Traps 2- Do I need a Personal Loan ?

This is 2nd in my series of articles on how to avoid Debt Traps. In the first one I had talked about how to use Credit cards wisely. I now switch my focus to the next most popular debt instrument- Personal Loans.

Personal Loans have seen a very rate of take-up till about 4-5 months back and this was the growth driver for most Retail banks.

Employee of Software company need Home Loan

Query:-I am an employee of Software Company and earning Rs.40, 000/ per month. I want to apply for a home loan of 18, 00,000. For 15 yrs. Please guide me correctly about various bank options. What would be the interest rates? And EMI details.

Want to reduce my Card Outstanding

Date: 2008-05-28 15:57:54

Query : want to reschedule in a single installment
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Date: 2008-05-28 16:47:54

Message:

To help me prepare a personalised debt consolidation plan for you, I need the following information from your end.

Initial Loan Amt |Tenure|Rate Of Interest|EMI|No of EMI Paid
Loan 1:
Loan 2:

You will also need to list your Credit Card outstanding and Net Income.

Looking forward to your response on this.

Best Regards

Amitoj Sethi
www.deal4loans.com

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