Tag: Personal Loans

Personal Loans for Unemployed – Liberating You from the Tangles of Unemployment

August 4, 2019 Off

Like most of the contingencies (the after effects of unemployment
safely allow it to be categorised into a contingency), one is rarely
prepared enough to face the inconveniences being forced upon by
unemployment. And within months of losing job, making ends meet becomes
tougher for the individual. The situation gets grimmer if the jobless
individual is left to fend for himself. The unemployment dole handled
out by the government is hardly sufficient to meet the routine needs. As
soon as the larger expenses crop up, the finances fall flat. There is
little option other than to surrender to the forces of poverty and
indebtedness.

You certainly do not intend to allow the chain of events a free run in your life and finances. Personal loans for unemployed
will be a very important weapon in this venture. Personal loans for
unemployed identify well with the concerns of the jobless borrowers and
thus prove a more potent technique to fight the times of unemployment.

A
question that crops in most minds is why the unemployed individuals
need a specialised loan, and why they cannot realize their purpose
through a regular loan. The attitude of the loan providers is more to
blame for this. Since, the unemployed people lose a stable source of
income, they are not able to instil much faith in the loan providers
that they will safely repay the personal loan for unemployed. Loan
providers perceive a greater degree of risk in offering personal loans
for unemployed. This leaves loan providers with two options- either
reject the application of the unemployed altogether, or offer them
personal loans for unemployed with renewed terms and conditions.

Being
refused personal loans because of unemployment leaves borrowers with no
choice except to look after other loan providers. It is not that
difficult to search for personal loan for unemployed now. With the loan
providers making a widespread use of technology, borrowers can find
listings by loan providers offering quotes on personal loans for
unemployed. With an increasing number of lenders in the UK borrowers do
have a chance to qualify for personal loans with some or other lender.

The
lenders who agree to offer financial assistance may generally offer
personal loans on terms that differ from the regular loans. The
principal difference may be noticed in the rate of interest charged.
Because of putting a greater exposure on the loan providers, expecting
an interest rate equivalent to the regular loans will be unreasonable.
Rate of interest is a function of the degree of risk involved in a loan.
Standard variable rate of interest charged on personal loans for
unemployed is generally higher.

This however, doesn’t give the loan provider a free
hand in charging interest. There have been many instances of unemployed
borrowers losing their homes or other possessions because of agreeing to
excessively high interest rates. The base rate to be charged on
personal loans for unemployed can be ascertained through a loan
calculator. A loan calculator lists loans of all kinds along with their
respective interest rates. A borrower can upon comparison know what the
lowest interest rate is, and also know whether the interest rate he is
being offered is in concurrence with the best available rates of
interest. The entries in the loan calculator may not have been updated
according to changes in the rate of interest and other terms. Thus,
though the loan calculator may not give an exact information, it may be
used for defining a benchmark.

Personal loans for unemployed are
generally secured on the borrowers’ home. The collateral helps salvage a
somewhat better deal for the borrowers. Willingness to offer ones home
as collateral also makes more and more lenders keen upon offering
personal loans to the unemployed.

The personal loan thus offered
is also termed as a home equity loan. A borrower has the option to
receive the money due on the home equity loan through two different
methods. He either receives the entire amount at one instance or opens a
home equity line of credit to assist him in emergencies. The second
option of home equity line of credit will be much more useful for people
who do not have an immediate use of the entire sum. Under the home
equity line of credit, interest is charged only on the amount withdrawn
and not the entire amount as in the home equity loan.

Though
personal loans for unemployed may not cater to unemployment in its
entirety, but it can offer a potent short-term solution to the financial
shortage that unemployment is generally accompanied with.

By admin

Hdfc Bank Home Loan

July 31, 2019 Off

HDFC Bank guarantees reasonable and convenient Home Loan at your doorstep.

Why HDFC?

Widest range of approved projects.
Attractive Home Loan Interest Rate.
Wide range of Home Loan Products.
Doorstep service.
Assure hassle-free processing.
Property Counseling.
Simple documentation.
Loan from any office for purchase of home anywhere in India.
Loan approval before property selection.
Flexible repayment options.
Secured document storage.

Widest range of approved projects
The bank has highest number of approved projects across the country with reputed builders like Orris, DLF, Ireo, Emmar, Raheja and so on.

Attractive Home Loan Interest Rate
HDFC offers two types of interest scheme: Fixed rate of interest and Floating rate of interest. For Fixed rate loans the bank is offering fixed interest rate for first 3 or 5 yrs, and then would vary depending on the loan amount; for Floating the rate would be 10.75% upto 30 lacs ,for 30 to 75 lacs 11%and 75 lacs to 2crs 11.25%. Customer can also go for Partly fixed or Partly floating too.

Wide range of Home Loan Products to choose from
Home loans are offered for purchase of property either directly from the builder/resale or construct houses. The bank too offers loan for Home improvement, Home extension, land purchase etc. The organization funds on both residential and commercial properties.

Doorstep service
HDFC sends representatives to guide you on the product and collect documents at your doorstep.

Assure hassle-free & easy processing
Bank would assist you throughout the process, to assure easy processing.

Property Counseling
The bank helps you in property selection and evaluation of the same.

Simple documentation
An application form duly signed by the borrower; a passport size photograph; address proof, identity proof, income documents, bank statement and a processing fee cheque.

Loan from any office for purchase of home anywhere in India
Vast network helps customer to visit any nearby branch to apply for the loan.

Loan approval even before a property is selected
You can get the loan approved before property identification; the loan would be appraised under the clause sanction applicable subject to legal and technical clearance of the property.

Flexible repayment options
The bank provides you the options like Step up Repayment Facility, Flexible Loan installments Plan, Tranche Based EMI, and Accelerated Repayment Scheme.

Secured document storage
Bank takes extraordinary measures to ensure that the title deeds mortgaged as collateral are in protected custody.
The bank caters Salaried, Self Employed Professionals and Self Employed Businessman. An existing HDFC Home Loan customer can avail other loans (like Personal Loans, Car Loans etc) at lower interest rates.
A visit through www.moneylaxmi.com would give you a good insight of home loan scenario. We offer transparent information about available options of home loan offers in India and aim at helping you in finalizing the best deal.

By admin

Unsecured Loan Specialists

April 7, 2019 Off

Loan Approvals done within 1 day

Thank you for visiting Unsecured Loan Specialists where we offer variety of options of Unsecured Loans (NO COLLATERAL), as low as $5,000 to 500,000 and as quickly as 1 day. Our simple and quick process saves you time from paperwork for these types of programs. Unsecured Loan Specialists has helped over 18,000 clients within the US for the past 7 and a half years with Small Business Loans, Personal Loans and Lines of credit. We make the Lending process quick, easy and hassle free!

We at Unsecured Loan Specialists find ways to get you loans even when you have been turned away by banks! Our staff is the most knowledgeable Unsecured loan specialists.

Personal Loans

No Up-Front Fees

No Collateral

Approval In 24 Hours

No Pre-Payment Penalty

Debt Consolidation

Home Improvements

Wedding, Vacation

Start A New Business

Business Loans

No Up-Front Fees

No Collateral

Approval In 48 Hours

No Pre-Payment Penalty

Working Capital

Business Expansion

Payroll, Equipment

Buy Out Partner

Lines of Credit

No Up-Front Fees

No Collateral

Approval In 24 Hours

Personal

Business

Doc Or No Doc

No Pre-Payment Penalty

Revolving, Can Use Over And Over

Please fill out our contact form and we will be contacting you within the same business day. We will need 5 to 10 minutes to finish the application process and let you know the different programs we can fit you in and maximise your chances of getting the highest dollar amounts at the lower interest rates. Thank you and we look forward in talking with you soon.

At Unsecured Loan Specialists you have the best chance of approvals for Unsecured Personal loans or Unsecured Personal Lines of credit that requires no collateral with affordable terms. We will maximize your chances of getting the best interest rates on the market today. We are able to do it faster and easier than any other financial company on the market today with no hassle for you. If you are ready to become another Unsecured Loan Specialists success story, you can put your information on the contact form and one of our Loan Consultants will contact you within 24 hours and get you a approval within one day.

Unsecured Loan Specialists will make the Business Lending process much easier and faster for you, we can get you a Unsecured Business Loan or a line of credit with no hassle or headaches requiring very minimum paper work when you are approved. A Regular Unsecured Business Loan and Lines of credit through regular financial institutions and regular banks can take up to 3 months of hassle, headaches and a lot of paperwork required, with Unsecured Loan Specialists we can get you a approval within 48 hours with minimum paperwork required and have you closed with the money in hands in no time at the best interest rates on the market and eliminate the needs for assets or collateral to secure the loan.

By admin

Bad Credit Personal Loans, How To Get One

March 5, 2019 Off

Whatever the reason may be many people are financially struggling to get by. Often outstanding debt, emergency financial needs, like a medical emergency or car problems, or unexpected financial needs leave us in the lurch with nowhere to turn. With the current economic situation more people than ever are on the verge of bankruptcy, drowning in debt, or struggle to just get by. Frequently just a little help or a little extra cash flow can really turn things around for someone struggling with bad credit. But what is the best solution to help get that boost?

Personal Loans

Just a little extra cash flow can really make all the difference for someone struggling to get by. One simple easy solution is a personal loan. Someone with bad credit can still qualify for a loan of up to $5000 often without even a credit check.

Most often with these types of bad credit personal loans the interest rates are a little higher due to the fact that they are unsecured. This means that you are not putting up and personal property as collateral. Often a $5000 loan is affordable and easy to get from just a simple application.

A bonus of getting a $5000 bad credit loan is the fact that by paying the loan back on time consistently your credit rating will improve; giving you a better chance to get more credit down the road if another emergency situation should arise.

To apply one need not look any further than the internet. Online you will find many lenders that are offering special rates and deals for this type of personal loan.

Guidelines

There are some important guidelines to keep in mind when looking for this kind of loan.

You must be at least 18 years of age to apply for a personal loan.

You must have had an active checking account in good standing for the last six months.

You must have at least $1000 worth of income every month from the same consistent employment.

If you meet all of the above criteria then it is highly possible that you can qualify for a $5000 bad credit personal loan, even with the very worst credit.

Even if you have leans, judgments, court holds, and bankruptcy’s on your credit report you can still qualify for it. This will help to ensure you make it through your financial problem helping to improve your credit when you prove reliable in paying the loan back to the bank or financial institution.

Apply Online

The simplest and easiest way to apply for a $5000 back credit personal loan is online. Many companies that work with this specific type of loan processing are only available over the internet. Check out more than one company before agreeing to anything or giving out your personal information.

By admin