Date: 2009-07-01 10:48:02
Name: ranganathan
Message:
City: Mumbai
Employement Status: Salaried
Date of Birth: 14-05-1967
Phone: 9869264428
Earning Members: 1
Dependants: 3
Net Salary: Rs. 27000
Assets
Property: Financed
Vehicle: Do not own
Other Assets: Pledged
Loan Details
Loan Type: Property Loan
Loan Amount: Rs. 300000
Tenure: 180
Emi: 3900
ROI: 10
Emi Paid: 80
Loan Type: Personal Loan
Loan Amount: Rs. 100000
Tenure: 36
Emi: 3615
ROI: 18
Emi Paid: 20
Loan Type: Other Loans
Loan Amount: Rs. 460000
Tenure: 120
Emi: 6800
ROI: 12
Emi Paid: 18
Card Details
Payment Due Status: Less than M A D
Outstanding on Card: 34000
Payment Due Status: Less than M A D
Outstanding on Card: 24000
Payment Due Status: Less than M A D
Outstanding on Card: 22000
Payment Due Status: Less than M A D
Outstanding on Card: 31000
Query: My name figures in CIBIL default list. How do I consolidate my debts?
Date: 2009-07-01 21:30:20
Message:
Dear ranganathan,
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: 2009-07-03 10:27:01
Message:
No, I do not have any assets that I can leverage / mortgage / liquidate.
Date: 2009-07-04 01:04:54
Message:
Dear ranganathan,
If your name appears in the CIBIL report it would difficult for a top-up loan on your existing loans.You can ask your family members for supplementary help.
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