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Debt Consolidation

Answer these simple questions:
- Are you finding a way to control your ever increasing credit card bills?
- Do you want to pay single EMI for your currently running loans?
- Are you a victim of heavy credit card bills and your EMIs on personal loan etc?

If you have answered "Yes" to any of these questions- you would need a Debt Consolidation Service.

A Debt Consolidation Plan works to reduce your overall rate of Interest on all the multiple loans/credit cards you might own.

Apart from reducing the pain of managing multiple EMIs and their individual payment dates- it reduces your blended cost of debt ownership by using the lowest cost funding option to repay the costly outstanding debts.

Sounds complicated? Don't worry- we are here to help you structure the perfect solution for you.

See all answered queries on Debt Consolidation

Deal4Loans is currently the first and only entity in India to provide a FREE Debt Consolidation plan. So make the most of it !

Submitted by admin on Tue, 06/24/2008 - 12:08.

Dear Sir, I just posted a

Submitted by prakaram on Tue, 12/16/2008 - 12:37.

Dear Sir,

I just posted a comment, in that i have stated the total amt to be paid to the banks, please find the actual amount taken below,

Am really into debt trap...with multiple emi for personal loans, credit cards and to private

financiers....the total emi per month outgrows my net monthly income...please help out...

My monthly income (after tax) is Rs. 67,000/-

The personal loan details are as below ( name of the bank / total amount/emi/total tenor/tenor paid)

Religare
300000
7400
48
27

HDFC
200000
6819
36
30

SCB
300000
9000
36
4

IDBI
300000
12000
48
13

UTI
400000
9000
48
38

Kotak
500000
17650
48
36

citi f
75000
2370
36
30

Barclays
700000
15079
48
12

Apart from these i have loans from private financiers.....

fin1 225000 10 1

fin2 200000 10 2

fin3 160000 no tenors...only int is being paid

Please help me with a plan to reduce the burden....due to non payment of emis, my name is in cibil too.

Dear Sir, Am really into

Submitted by prakaram on Tue, 12/16/2008 - 12:24.

Dear Sir,

Am really into debt trap...with multiple emi for personal loans, credit cards and to private

financiers....the total emi per month outgrows my net monthly income...please help out...

My monthly income (after tax) is Rs. 67,000/-

The personal loan details are as below ( name of the bank / total amount/emi/total tenor/tenor paid)

Religare150000 7400 48 27

HDFC 60000 6819 36 30

SCB 300000 9000 36 4

IDBI 300000 12000 48 13

UTI 100000 9000 48 38

Kotak 100000 17650 48 36

citi f 16000 2370 36 30

Barclays700000 15079 48 12

Apart from these i have loans from private financiers.....

fin1 225000 10 1

fin2 200000 10 2

fin3 160000 no tenors...only int is being paid

Please help me with a plan to reduce the burden....due to non payment of emis, my name is in cibil too.

Please help

REgards
Ramprakash

Dear Amitoj, I seek your

Submitted by Anonymous (not verified) on Sat, 10/18/2008 - 10:25.

Dear Amitoj,
I seek your help to prepare a debt consolidation plan for me.
I have 5 personal loans going and i want to consoldiate them into one.
ICICI Bank 9.75 L-48 Months-paid 27
ICICI Bank 7.00 L-48-Months-paid 38
Dbs 4.50 L-48-paid 10
barclays-4.50 L paid 10

My Net salary by cheque in 75k and i get additional 20k as reimbursment.
Please advise me to consolidate my debts into one.
Thanks & Regards
Rohit