Loans For People With Very Bad Credit – Cash Help For The Poor Profile Holders

Getting a loan approved without any collateral or security was never so easy. The problem is worse for those with poor credit score. Such people really find it very difficult to raise money in the market due to their credit history. Lenders usually did not take so risk in granting loan to such people. But […]

ICICI anticipate Net Interest Margins at 2.6%

ICICI Bank Ltd.’s net interest margin, likely under pressure in April-June due to rising interest rates, should remain at around 2.6% this fiscal year, helped in part by improving margins at the international book of India’s largest private sector bank by assets, its chief financial officer said. “There are indeed headwinds in this [net interest […]

Close to retirement? Getting a loan won’t be simple

Banks need to be convinced nearly regular income for such loans. When Jamshedpur-based Siddhi Sharma approached a finances for a Rs 20-lakh home loan, she wasn’t trusty of the response. With just six age to go for her retirement and award the exclusive author of income after that, she did not know how the ridge […]

Demand for home loans set to dip

At the peak of the global housing crisis in 2008, a group of executives at State Bank of India (SBI) were busy devising a new home loan scheme meant to boost the sluggish demand. The growth in housing loans had fallen from a high of 31.2 per cent in December 2006 to 4.1 per cent […]

No rush to refinance home loans

A price war between the major banks to secure new mortgage customers hasn’t resulted in a rush of borrowers seeking to refinance their home loans, a mortgage broker says. At the same time, another home loan provider is warning homeowners to read the fine print of their existing mortgage carefully before trying to take advantage […]