Go Back   The Finance Forums > Finance forums > Personal Loans



Personal Loans Discuss personal loans, secured and unsecured, and general borrowing.

Reply
 
Thread Tools
  #1  
Old 08-21-2017, 01:47 AM
divi divi is offline
Senior Member
 
Join Date: May 2017
Posts: 129
Default Personal loan rejected

Hi, do really Debt Burden Ratio matters in the personal loan? My loan application got rejected and that bank person referred me this article
http://www.mymoneysouq.com/financial...-burden-ratio/
Reply With Quote

Old Sponsors
  #2  
Old 08-24-2017, 07:25 AM
Jovanny Jovanny is offline
Member
 
Join Date: Aug 2016
Posts: 70
Default Re: Personal loan rejected

The bank must be sure that you are financially stable to repay the loan. If you are already in-debt, it never leaves a good impression.
Reply With Quote

  #3  
Old 12-14-2017, 04:20 AM
Banknomics Banknomics is offline
Junior Member
 
Join Date: Oct 2017
Location: 56, Akashneem Marg, DLF Phase 2,Guragaon, Haryana, India
Posts: 23
Smile Re: Personal loan rejected

For a successful loan approval, itís necessary to be free from your all running debts (Whether itís Business Loan Payments, Credit card Bills, Personal loan or other debts). Banknomics Suggests to all their Borrower pay off their debts on time and try to maintain the CIBIL score for a successful loan approval.
Reply With Quote

  #4  
Old 02-12-2018, 02:06 AM
jane21august jane21august is offline
Junior Member
 
Join Date: Jan 2018
Posts: 26
Default Re: Personal loan rejected

Banks are considering Debt burden ratio while approving for Loan and so if you are earlier not able to pay your loans at a particular period.They are not providing you with the one later and until you have paid all your debt.
Reply With Quote

  #5  
Old 04-20-2018, 05:00 AM
anupamajha01 anupamajha01 is offline
Junior Member
 
Join Date: Apr 2018
Posts: 3
Default Re: Personal loan rejected

I never trust Banks for personal or business loan, they are hard to convince them. There are many other NBFC lenders you can rely on. I will recommend you to contact to Monexo for personal loan.
Reply With Quote

Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



» Boards




All times are GMT -4. The time now is 01:38 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.