Tag Archives: credit card

Union Bank Tops List Of Nigerian Banks Giving Highest Loan Amount To Unsecured Customers

More and more Nigerian banks are offering various services for customers to get fast loans Loans are offered without clients needing to provide collateral, which should be standard practice Union Bank and First Bank are among the largest Nigerian banks to provide these loans in response to CBN’s drive to make more finance available for […]

5 tips for securing a mortgage

Getting a home loan is much easier if you are well prepared. (Source: Getty) Getting approved for a home loan is difficult. Ask anyone who’s tried it in the past few years. The government wanted to relax so-called “responsible lending” laws to stimulate the economy and get money flowing when COVID hit, but they didn’t […]

Improve your personal loan application

Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, who we will always identify, all opinions are our own. Credible Operations, Inc. NMLS # 1681276, is referred to herein as “Credible”. Whether you need money for home renovations, medical bills, […]

Claims to take away, Christmas shopping preventing home loan approval

Shanks says she wrote to Trade Minister David Clark on December 16 to raise the issues and request a meeting, but is still awaiting a response. She wrote that the industry supported measures to protect consumers and understood that the changes were intended to do so. However, she said implementing the changes has led to […]

Loans: tips for validating your loan application

Avoid applying for too many loans at once as this will only hurt your score and lead to more rejections The rejection of the loan APPLICATION can occur for several reasons. The typical reason for this is inconsistency and late payment of your debts. It can also happen if you don’t know how your adverse […]

How Payday Lenders Target Consumers Hurt by Coronavirus

Lenders that target struggling borrowers for loans with triple-digit interest rates have overcome yearslong efforts to restrict their lending and are pitching their products to consumers in need of cash during the coronavirus pandemic. They sidestepped state crackdowns by joining with out-of-state banks to offer loans and now are bypassing ad bans put in place […]

How To Get A Home Loan Approval In 2022

You’ve done the hard work of saving up for a deposit for a property, only to find the job isn’t done when it comes time to apply for a mortgage. And getting mortgage approval is only going to get more difficult in 2022. First, APRA has increased the “stress test” for home loan applicants to […]

Tips to reduce the risk of your loan application being rejected

Lenders take a variety of factors into account when assessing loan applications. Some of these major factors include credit score, monthly income, job profile, employer profile, etc. loan seekers. Those who do not meet the thresholds set by lenders may have their loan application rejected. Here are some of the ways to minimize the risk […]

Potential Reasons Your Debt Consolidation Loan Application Was Rejected

Getting out of debt is a long and complex process. Before you consider applying for a consolidation loan, start with a debt repayment strategy. There are many popular ways to pay off debt, but we recommend that you compare the snowball against avalanche strategies because they are designed to use your natural motivations to stop […]

loan application: Are you looking for a loan? Here are 5 eligibility factors that may affect your loan application

Today, one can apply for a personal loan online or instant in a few quick and easy steps since these loans are unsecured. If you meet the personal loan eligibility criteria, the instant loan could be disbursed within minutes. Hence, these loans can be more useful in case of unforeseen events or unforeseen expenses. Nevertheless, […]

5 eligibility factors that may affect your personal loan application

ANI | Update: October 21, 2021 1:27 PM STI New Delhi [India], October 21 (ANI / NewsView): Today, one can apply for a personal loan online or instant in a few quick and easy steps since these loans are unsecured.If you meet the personal loan eligibility criteria, the instant loan could be disbursed within minutes. […]

Real estate loan application: the documents to have in hand before making a request.

Make your mortgage application a smoother experience. Here are all the documents you need to apply for a mortgage loan This article was produced in sponsorship with Westpac Applying for a home loan is an exciting time, but the process can be overwhelming for some people. The good news? The better prepared you are, the […]

Getting Your Loan Approved: A Checklist of Things You Need

Applying for a loan is a fairly common procedure for everyone around the world. Most people don’t have a lot of money to buy expensive things like a house or a car or to start their own business. Banks provide the option for people to get loans to help them achieve their dreams more easily […]

The payday lender that billed 16,734,509.4% | Payday loans

MMost of us know that payday loans can be a horrifically expensive way to borrow money, with Wonga.com charging interest rates of 4,000% APR or more. But if you thought that was as bad as it gets, take a look at the loan agreement sent to Adam Richardson and the APR listed: a jaw-dropping 16,734,509.4%. […]

Britons turned away by banks caught in coronavirus credit crunch

Through Sinead Cruise, Iain Withers LONDON (Reuters) – When a payroll problem left Natalie Gallagher so cash-strapped this month that she couldn’t afford her bus ticket to work, she turned to her regular lender Amigo for an emergency complementary loan. FILE PHOTO: People walk through empty shopping area in Liverpool as spread of coronavirus disease […]

Metro Bank introduces fees for withdrawing money abroad | Debit cards

Metro Bank customers who use their debit and credit cards while on vacation outside of Europe will have to pay fees starting in March, the company said. The bank, which claims to be “reinventing the rules of retail banking,” currently offers free transactions for using the card abroad, but from March 18 it will impose […]

CA bill adds second monthly pay day for state employees

A Republican lawmaker wants to help California state employees balance their checkbooks without giving them a raise. Senator Andy Vidak of Hanford is pushing a bill that would force the state to pay its employees more often, moving to bi-weekly paydays instead of the monthly schedule the state government uses currently. The change would require […]

Smart Ways to Increase Chances of Home Loan Approval

Applying for a home loan on the basis of an optimal IME would improve your chances of obtaining a home loan Owning a home is truly rewarding. The feelings associated with owning a home cannot be equated with anything else. But, lenders take a very cautious approach when evaluating mortgage applications, especially those involving the […]

Why the Fixed Bond to Income Ratio (FOIR) May Affect Your Loan Application

However, if you don’t have an adequate emergency fund, your first priority would be to keep that surplus aside. Any higher amount should be used to reduce your liability. Banks or NBFCs usually focus on various aspects before approving a loan to a borrower. Rohit Garg, Co-Founder and CEO of Smartcoin, says, “There are three […]

How to increase your chances of getting a home loan

If you are considering buying a home, you are probably wondering how to increase your chances of getting approved for your home loan. Each lender usually has their own loan and approval process. For first-time buyers, it can be a little confusing not knowing if you will actually be successful. But fear not, there are […]

Is your mortgage application rejected? These may be the reasons

With home prices and mortgage interest rates becoming more affordable, now is the time to take out a home loan. Not only does it help you take an important milestone in life, it also gives you an asset to count on during uncertain times. However, you can only get a loan on favorable terms when […]

Get Home Loan Approved Faster With These 6 Simple Tips

For the most part, buying a property is a dream come true and one of the most important stages in life. And given the prices of real estate in India, taking out a home loan is often the most convenient and affordable way to make this dream come true. Most mortgage lenders list strict eligibility […]

Check loan amount, interest rate, other details

The government of West Bengal today launched the student credit card. With the help of the credit card, a student can get a subsidized loan of up to ₹10 lakh to pursue higher education. Regarding the student credit card, West Bengal Chief Minister Mamata Banerjee said: I am delighted to announce that the government of […]

Chances of credit card or loan approval are higher now than around this time last year

Some people may now find it easier to get credit approved than at the start of the first coronavirus foreclosure in March 2020, Experian explains. Analysis by the credit check company found that the number of people who have a high chance of being approved for a credit card is five percent higher than in […]

Home loans: it’s time to renegotiate the terms of your loan

When revalued to 6.75%, the EMI is 88,491 rupees. A monthly saving of Rs 10,000. By Raj Khosla As the second wave of the pandemic hits India, it’s time to review and rebalance your personal finance portfolio. Although different people have different priorities, saving extra money for emergencies is a wise move for everyone. With […]

United Arab Emirates: Is Your Loan Application Still Rejected Despite Good Credit? here’s why

Credit history plays an important role in a bank’s decision to get a loan Image Credit: Shutterstock Dubai: If your loan applications continue to be rejected despite a good credit history, there may be some common reasoning as to why. Your debt ratio, or simply debt ratio, is detrimental to lenders who decide whether or […]

4 eligibility criteria to boost your chances of obtaining a personal loan

Make sure you build and maintain a strong credit score to increase personal loan eligibility. Personal loan is one of the most preferred loan options for those in need of quick funds. However, its unsecured nature leads lenders to take a cautious approach when evaluating loan applications. This can result in rejection of personal loan […]

AirAsia Launches Airasia Money and Partners with RinggitPlus to Provide In-App Loan Application Services

KUALA LUMPUR (April 23): AirAsia Bhd has extended its super app airasia to provide financial products and services under the “airasia money” banner, starting with a partnership with the financial comparison platform RinggitPlus. Through its partnership with the platform, airasia money currently provides credit card application and loan application services. The financial market will also […]

5 things to follow to prevent your loan application from being rejected

NEW DELHI: Applying for a personal loan is easy these days. You just need to fill in the basic information online and with a few clicks, your loan is approved. However, on the other hand, the unsecured nature of the loan prompts lenders to take a cautious approach when approving personal loan applications. Here are […]

That’s the average personal loan amount in South Africa right now – as banks tighten

New data from TransUnion shows the average loan size in South Africa – how much the country’s citizens borrow from the bank for personal use – based on figures from the fourth quarter of last year. The results are contained in a credit bureau’s Q4 2020 South Africa Industry Insights report. They show that personal […]

Lying down on a personal loan application is a bad idea

Lying about a loan application may seem harmless at first – after all, a lender may not even verify your inflated income application or current employment status. However, intentionally lying on a personal loan application is considered fraud, and it can have real consequences. Below, we’ll take a look at how lenders verify the information […]

How Does a Mortgage Affect Auto Loan Approval?

When you apply for a car loan, the lender looks at many aspects of your financial situation and overall stability. This means that the lender you are applying to for auto financing will likely consider your life situation, including your mortgage payment. Apply for vehicle financing with a mortgage Lenders verify your residence when you […]

After a hangover? Pay attention to the impact on mortgage loan approval

In the wake of Christmas spending, a financial expert warned that your post-payment habits could negatively impact your mortgage application. Too frequent use of services like Afterpay has the potential to impact your loan application in two ways: first by lowering your credit score and by demonstrating bad money management habits to your lender. mortgage. […]

Why your income matters for a car loan approval

When applying for a car loan, one of the first things a lender will ask you about is your income – for good reason. The lender wants to make sure that you have the income available to pay for the vehicle! There are a few calculations that lenders use to determine how much income you […]

3 Things To Increase Your Chances Of Car Loan Approval

If your bad credit is preventing you from getting a car loan, it’s time to look at other options and the next possible step. There are things you can do to improve your chances of getting your next car loan. Auto loans and your credit score Traditional auto lenders, such as banks, credit unions, or […]

Do you have a high credit score? Your chances of loan approval may still run into a hurdle

While a higher credit score can improve your chances of getting a loan, there are other crucial parameters that lenders take into account when assessing your application. Credit score is a critical factor lenders take into consideration when assessing your creditworthiness. Lenders also offer different interest rates and loan terms depending on your credit score. […]

How to Increase Your Chances of Getting Personal Loan Approval

Do these five things before you apply. (iStock) The total number of personal loans borrowed by Americans peaked at $ 162 billion in the first quarter of 2020, according to TransUnion. However, the growth rate towards the end of the quarter was also the slowest in more than two years, the credit reporting agency said. […]

How long should your personal loan be?

Ready to take out a personal loan? Discover the advantages of opting for shorter loan terms here. (iStock) As the United States faces economic uncertainty, many consumers are considering personal loans. If you are looking for a loan to help cover your expenses now, you need to pay attention to the loan term in order […]

Your loan application could be rejected even with a good credit rating

Credit scores represent the borrower’s credit history as recorded in their credit reports. Due to the pandemic, large numbers of people have faced a huge financial crisis, especially during the lockdown. However, even after the lockdown was lifted, things were far from being back to normal, financially. During this period, there are still people who […]

Open banking and its impact on your personal loan application

Australia’s banking industry recently introduced “open banking,” a new style of banking that gives customers control over their data. Whether you’re looking for a new home loan, personal loan, or credit card – or looking to refinance – open banking should make it easier for you to find better deals between banks. First of all, […]

Hidden loan terms prove costly for families looking for pandemic puppies – WFTV

Action 9 investigates pet shop contracts which can be costly mistakes. Consumer investigator Todd Ulrich exposes high-risk pet store sales at a time when many families are buying dogs for convenience during the pandemic. Read: ‘Super anxious throughout the flight’: Travelers feel more exposed to COVID-19 as airlines relax policies Like so many others, Jordan […]

5 Smart Ways to Increase Your Chances of Loan Approval During Covid-19

While the ongoing lockdown is likely to impact your loan processing and disbursement due to limited staff and working hours, keeping these five tips in mind will definitely increase your chances of loan approval . Loans act as an invaluable bridge to bring us closer to achieving our financial goals, such as owning a house, […]

Small business loan approval rates fell in March 2020

All categories of small business lenders take a nosedive as coronavirus wreaks havoc on economy Until the coronavirus pandemic hit the United States, small businesses were thriving and creating jobs, unemployment was at a 50-year low, consumer confidence was high, and in general the U.S. economy was sluggish. as strong as it has ever been […]

On day one, the small business loan application process is plagued with problems

Officials across the U.S. banking industry rushed overnight to roll out a massive new government-backed lending program to help small businesses ravaged by the coronavirus pandemic and many have not been able to make it happen before Friday’s deadline given that the Treasury Department released its lending guidelines late Thursday night. The $350 billion federal […]

Kisan Credit Card Apply | Kisan Credit Card: eligibility, interest rate, loan amount, application terms and other details; PM kisan yojana credit card

Kisan credit card: eligibility, interest rate, loan amount, how to apply and other details New Delhi: The Kisan Credit Card Program (KCC) was started in 1998 with the aim of providing formal short-term credit to farmers. Prime Minister Narendra Modi recently launched a saturation campaign for the distribution of Kisan Credit Cards (KCC) to all […]

What to do if your loan application is refused

When your loan application is rejected, you will need to review your finances and determine where you can improve. (iStock) Regardless of why you applied for your loan, the process can be a bit nerve-wracking, especially if you’re not sure your lender will approve your application. If your lender refuses your request, you may feel […]

Eligibility, benefits, loan amount, necessary documents and methods to apply

The last few decades have seen an increase in animal husbandry businesses across the country. Recently, the Department of Livestock and Dairy Production as well as the Ministry of Fisheries released the 20th Cattle Census Report. This report revealed that the livestock sector in the country is growing and developing rapidly. In light of these […]

12% of Americans have no chance of getting good loan terms

When most of us go to take out a loan, we’re worried about getting the best interest rate possible, but those with bad credit are more concerned with whether they’ll get approved in the first place. If they are, they often have to take what they can get because few lenders want to work with […]

What are your chances of personal loan approval?

Thinking of applying for a personal loan? Here are the odds of you being approved. Personal loans can be a cost-effective way to borrow. The interest rate on personal loans is often lower than the rate you would pay on other types of debt, such as credit card debt. And you can use the personal […]

5 Factors Besides Your Credit That Affect Personal Loan Approval

Your credit score isn’t the only factor that lenders consider when deciding whether to approve you for a personal loan. Image source: Getty Images. Your credit score isn’t the only factor lenders consider when deciding whether or not to approve you for a personal loan. When applying for a personal loan, you want to maximize […]

Definition of the maximum loan amount

What is the maximum loan amount? A maximum loan amount, or loan limit, describes the total amount of money an applicant is allowed to borrow. Maximum loan amounts are used for standard loans, credit cards, and line of credit accounts. The maximum will depend on several factors, including the creditworthiness of the borrower, the duration […]