Date: 2008-08-12 02:50:00
Query : hi, since the past year and a half, i dont know why but all my salary is going in my credit card bills, i dont know where i am spending so much, i have had to take loans to pay off the outstanding, and in the past year i have accumulated almost 3lac rs of debt.. what do i do...
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Date: 2008-08-12 13:44:19
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.
Please revert with any clarifications on the above answer.
Regards,
Amitoj Sethi
www.deal4loans.com
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Date: 2008-08-12 22:48:26
Message:
Loan 1 - Amt 90000, ROI - 21% reducing, EMI- 3365, EMI Paid - 7, tenure - 48
Loan 2 - amt 175000, roi - 20% reducing.. loan taken last month, emi to start from 1st september.. tenire - 48months...
credit card outstanding around 30,000.. mostly blocked in forms of emi on purchase...
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Date: 2008-08-13 14:00:04
Message:
Do you have any assets you can leverage / mortgage / liquidate to improve your cash flow situation ?
Please revert with any clarifications on the above answer.
Regards,
Amitoj Sethi
www.deal4loans.com
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Date: 2008-08-14 01:14:38
Message:
ya i have around 60000 in sharemarket, and a two wheeler, which will come upto 50000 if i sell it...
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Date: 2008-08-14 13:51:42
Message:
You then have an option of mortgaging your assets and take loan against the same.Use the fund to first clear off your card dues and then the loans.
Please revert with any clarifications on the above answer.
Regards,
Amitoj Sethi
www.deal4loans.com
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City : Mumbai
Employment Status : Salaried
Annual Income : 303000
Type of Loan Running : Yes
Loan Running : pl,
EMI Amount : 0
Tenure : 48
ROI Loan : Yes
EMI Paid : Less than 6 months
Credit Card Holder : Yes
Amount Due : 32000
Loan Running on Credit Card : Yes
Residential Status : Rented
Vehicle Owned : 2 Wheeler