Date: 2009-05-26 09:41:59
Name: Kapil
Message:
City: Mumbai
Employement Status: Salaried
Date of Birth: 22-12-1980
Earning Members: 1
Dependants: 3
Net Salary: Rs. 24500
Assets
Property: Financed
Vehicle: Owned
Other Assets: Owned
Loan Details
Loan Type: Personal Loan
Loan Amount: Rs. 100000
Tenure: 36
Emi: 3369
ROI: 21
Emi Paid: 14
Loan Type: Property Loan
Loan Amount: Rs. 40000
Tenure: 48
Emi: 1053
ROI: 7
Emi Paid: 36
Loan Type: Property Loan
Loan Amount: Rs. 517000
Tenure: 180
Emi: 5822
ROI: 11
Emi Paid: 48
Card Details
Payment Due Status: Full Payment
Outstanding on Card: 32000
Payment Due Status: Full Payment
Outstanding on Card: 25000
Payment Due Status: Full Payment
Outstanding on Card: 30000
Query: Hi,
pl advice how do i clear my dues. i tried getting a top up loan on my home loan to clear this but my application was rejected and the reason given was that my name is reflecting in the CIBIL. after that i did not try with any bank in getting a personal loan thinking that if bank where i hold a good track where i am paying my house emi has denied then no doubt other will also reject my application.
awating your revert.
thx.
awaiting for your advice
Date: 2009-05-26 20:11:54
Message:
Dear Kapil,
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
Insurance- www.BimaDeals.in
Loan Gurus tips- www.AskAmitoj.com
Date: 2009-05-27 09:20:03
Message:
No
Date: 2009-05-28 00:17:19
Message:
Dear Kapil,
You can try and ask your family members for help and you can then clear your dues.You should also ensure that all additional income is ploughed back to ensure that your debt is reduced. Please regulate your expenses and get into a habit of saving a portion of your salary every month. Prudence in expenses is the only trick to stay out of debt traps.
Please revert with any clarifications on the above answer.
Regards,
Amitoj Sethi
Insurance- www.BimaDeals.in
Loan Gurus tips- www.AskAmitoj.com
Date: 2009-05-28 09:02:52
Message:
Thanks so much for your advice.