Summary Loan settlement is an option that can be a relief for those who are burdened with heavy debt and are not in a position to repay it. However, this is not an easy way. It requires negotiations with the bank, arranging a lump sum amount, and accurate documents. Apart from this, your credit score […]
Can you become debt-free in 1 year through loan settlement? Read More »
Summary Loan settlement is an option that comes up when a person is unable to repay their loan installments on time. In such a situation, the bank makes an offer to the borrower – he can “settle” the loan by paying a certain amount instead of the entire outstanding amount. At first glance, this option
Is Loan Settlement the right option? Ask the Experts! Read More »
Summary Loan settlement is an option that seems like a relief in times of financial crisis. However, on the other hand, it has many hidden charges that can prove to be costly for you if ignored. Therefore, it is very important to understand these hidden charges before loan settlement. First of all, you should read
How to understand the hidden charges of loan settlement? Read More »
Summary Taking a NOC (No Objection Certificate) post loan settlement is an important process that gets you to verify if you have paid your loan in full and owe the bank or financial institution any money. You should obtain the written settlement letter on loan settlement first, which confirms that you have settled the outstanding
How to get NOC after loan settlement? Read More »
Summary When a person takes a loan from a bank or financial institution and is unable to pay its installments (EMIs) on time, it is called Loan Default. If you do not pay EMI for 90 days or more continuously, the bank declares your loan account as NPA (Non-Performing Asset) and starts the recovery process.
How does a settlement happen after a loan default? Read More »
Summary Your CIBIL report is very important to your financial health. It reflects your credit card and loan history and makes banks approve or reject your loan or credit card request. If there is a mistake, like an incorrect status of settlement in your CIBIL report, it can damage your credit score severely. A “settled”
How to raise a dispute if wrong settlement is on CIBIL report? Read More »
Summary Debt (debt-free) is a situation that has become very common in today’s time. People take loans for everything from buying a house to studies, marriage, car, treatment, or business. But if this loan is not repaid on time, it becomes a heavy burden. This causes mental stress, lack of money, and affects plans. That
What are the best strategies to become debt-free? Read More »
Summary Loan settlement is a process that helps borrowers who are unable to repay their loans due to financial problems like loss of job, sickness, or loss of business. In Delhi, many individuals and small businesspersons are facing financial stress because of the high cost of living and tough market conditions. If repayment of monthly
Loan Settlement in Delhi Read More »
Summary If your loan settlement is declined, don’t get worried. There are numerous options in such a situation that can be appropriately negotiated to resolve the problem. First of all, you have to negotiate with the bank and give a clear picture of your financial situation. If the bank is not settled, there is an
What to do if the bank does not settle the loan? Read More »
Summary Loan Settlement is a process in which the bank and the borrower mutually agree to settle the outstanding loan amount by reducing it. It proves useful for those who are unable to repay the entire loan due to financial problems. If a borrower fails to pay EMI for 3 to 6 months continuously, the
What is the legal process of loan settlement? Read More »
Fill out the form below, and we will be in touch shortly.
