Date: 2008-07-17 12:03:14
Query : Dear Amitoj,
I am in debt trap of Credit due to loss of my job in march. However my income is just doubled now. but i am not able to pay the credit card dues monthly. I want to settle these account by taking P.L.. I can pay Rs. 8000/- EMI P.M. Now.
Please help me to overcome this situation.
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Date: 2008-07-17 16:27:33
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: 2008-07-18 12:15:19
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: 40000 | 48 month| 14% | 1406 |12
Loan 2: 100000|48|15% | 2783 |7
ICICI Bnk 60000
CITI Bank 29000
SBI 32000
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Date: 2008-07-19 15:19:47
Message:
Yes , you should apply for a personal loan & clear your card dues which are rs 1.21 lacs as this is at 36% interest.
And if you get a loan more than rs1.21lacs you should then clear your loan 1 which at interest rate 28.50% & outstanding right now is 33,759.
Use your cards sensibly and pay the full amount due at the end of every billing cycle.
You should 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.
Do get back to me for any clarifications on your personalised debt consolidation plan.
Please revert with any clarifications on the above answer.
Regards,
Amitoj Sethi
www.deal4loans.com
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Date: 2008-07-21 14:04:35
Message:
should i clear all the situtation to the executive of the bank before taking loan can they give me the loan easily.
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Date: 2008-07-21 14:44:42
Message:
You only need to give them your details & based on your eligibility you will get the loan.
Please revert with any clarifications on the above answer.
Regards,
Amitoj Sethi
www.deal4loans.com
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City : Noida
Employment Status : Salaried
Annual Income : 420000
Type of Loan Running : Yes
Loan Running : pl, other,
EMI Amount : 4189
Tenure : 48
ROI Loan : Yes
EMI Paid : 9 to 12 months
Credit Card Holder : Yes
Amount Due : 130000
Loan Running on Credit Card : No
Residential Status : Rented
Vehicle Owned : 2 Wheeler