How can we get a Quick Personal Loan ?
How can we get Personal loans fast in Chennai?
S & P Bank Loan Services in Chennai help you to get your personal loan very fast. After the client reaches us for a quick personal loan, we follow a hassle-free procedure. We collect the documents from the client and understand the need of the client.
By all means, We provide various lenders in market with comparison of interest rates, offers and loan tenure. Of course, Our team will co-ordinate with you and approach the lender on behalf of you. And make the approval process fast.
What is bad credit?
When credit obligations are not paid in time, it is bad credit. Credit obligation means timely payment of loan interest and installment and credit card bills. If you have bad credit, it will affect your credit score. This makes you difficult to get any loans from bank/lenders. Don’t panic or stress. We are there to help you in your difficult situation. We help you to improve credit score and clear bad credits.
How can you apply for a Quick personal loan when long due to loans?
There are ways out to get loans with long due loans. Take your CIBIL report and check for long due loans. Confirm whether loan due is correct. Find the total dues from the lender. Try to clear the dues in full. Show the proof of due clearance to the banks where you are applying for a personal loan. If not possible, to clear at-least interest part of the loan. Show the proof of part payment to the bank.
Personal loan with a co-obligates or guarantor
Paying partial dues also improves your credit score. Banks would offer personal loans with a co-obligates or guarantor. Take steps to clear the outstanding in CIBIL report and improve the CIBIL score. We can assist you to get a personal loan even with long due to loans. We could do the whole procedural work for you.
How can you apply for personal loans while defaults in credit card dues?
You can get your Quick personal loan with credit card dues. Please note the list of card dues outstanding. Make credit card due to payment in full or part. Approach the lender with proof of payment. Also prove that your current income supports you for applied loans. As you are aware, don’t approach too many lenders. We can help you out with updating of CIBIL reports for due payments. We can also make the approval process of personal loans fast.
How can we apply a One-time settlement scheme with Bank?
It is a type of recovery by banks for bad credit. When you have long overdue loans, you can approach the bank for a one-time settlement scheme. Borrower agrees to settle all dues at once. And banks agree for a lesser amount for settlement than actual due.
One time settlement Scheme for unsecured loans
Many banks have online system for one-time settlement system. It is sole discretion of banks to allow a borrower under one-time settlement scheme or not. If bank agrees, you can pay the final demanded amount from bank and close the loan. Bank also agrees for one time settlement Scheme mainly for unsecured loans.
Please note that it will have an impact on your credit score. Legal service may be needed to represent on your behalf in the bank.
How can you approach Ombudsman Services?
There may be a situation where actually there are no dues / payable to the bank at your end. But your CIBIL Score is low. CIBIL may have updated the wrong information. You can approach the CIBIL and update the correct information.
RBI Ombudsman service
Sometimes, bank official may also provide incorrect information. You can approach the bank for updating correct data. If the bank does not update data for more than a month, you can escalate the issue to Banking Ombudsman. He can receive and consider complaints relating to number of deficiencies of banking operation. He is a person appointed by RBI Ombudsman service resolve the issue within reasonable time.
To represent your side in front of the ombudsman, Legal service may be needed. We can support you in the full process along with legal services too.
Personal loan eligibility, procedure and approval process
You can get a quick personal loan even with a low credit score. Our Loan Executives support you in improving your creditworthiness. In Fact, We are here to address your queries on personal loan eligibility, procedure, and approval process. We also can support you with all types of loans.