Message:

City: Bangalore
Employement Status: Salaried
Earning Members: 1
Dependants: 3
Net Salary: Rs. 30,000/-
Assets
Property: Do not own
Vehicle: Owned
Other Assets: Do not own
Loan Details
Loan Type: Personal Loan
Loan Amount: Rs. 1,75,000
Tenure: 36
Emi: 5,500
ROI: 16
Emi Paid: 20months

Loan Type: Personal Loan
Loan Amount: Rs. 3,00,000
Tenure: 60
Emi: 7,000
ROI: 13
Emi Paid: 14 months

Card Details
Payment Due Status: More than M A D
Outstanding on Card: 65,000/-

Query: THE LOAN OF rS.3,00,000/-is from Nationalised bank and hence the rate is less. The other loan is on card and the rate is around 16%. Besides there is an outstanding of Rs.65,000/- in two cards and min.amount is around 3,000/- per month but the rate of interest is high. I Need to consolidate the debts and request your advice.

Date: 2010-05-06

Message:

Dear Sir/Madam,

Kindly approach your nearby branch of CitiFinancial Consumer Finance India Limited as they offer debt consolidation loan.

Please revert with any clarifications on the above answer.