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Q: What will banks do for a personal loan defaulter and absconding?
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What will happen if you become a defaulter of a personal loan in India?

The financial institution in which you applied the loan will make a follow up on you ensuring that the loan is paid back if you have any other query related to personal loans then visit creditnation.in/Personal-Loan


What is a loan defaulter list?

List of people who haven't repaid


Can a credit card defaulter get house loan after the credit card debt settlement?

yes


Can an individual get a personal loan from a bank?

Yes and individual can get a personal loan from many banks. This is especially more easy if it from a bank that one has been with for a long time. Getting a personal loan from a bank is very popular.


How can you get a personal loan without a bank account?

You cannot. Banks usually expect an auto-debit instruction from a bank account for the monthly payments for the loan. That can happen only if you have a bank account and so you cannot get a personal loan without a bank account. Banks would ask you to open an account if you want a loan with them.


How can one get an aeasy personal loan?

One can get a easy personal loan by having excellent credit. Excellent credit allows banks to trust you and they know you will pay them back, so have good credit to get a loan.


Can you take a personal loan from 2 different banks at the same time?

Yes, U can...


Can an unsecured loan be used to buy a personal computer?

Many banks offer unsecured personal loans for people with great credit. If you need a fast personal loan check with bank of america or chase.


How accurate are the personal loan calculators that banks have?

To know the eligibility for personal loans in Dubai it is best to go through the loan calculator. Based on the inputs you provide it gives accurate information on the amount of loan you are eligible for.


Can you get a loan for a mobile home as personal loan?

You can get a "personal property loan" for mobile homes as long as it's a loan for the home only.A personal loan is an unsecured loan in which you don't have to give any security. But some banks can ask for a guarantor or security. The terms and conditions varied as per lenders. The benefits are:Minimum documents required.


What are two companies that will offer a personal loan to someone with bad credit?

Two companies that will offer a personal loan to someone with bad credit are United Lending Services and Cash Loan City. It is easier for someone with bad credit to get a personal loan from Credit Unions than from banks.


How can one qualify for the best rate on a personal loan?

To qualify for the best rate on a personal loan, it is advisable to consult an insurance broker who will make an affordable offer optimized for your personal loan. Also have a general overview of the Bank leading insurer before you opt to getting a personal loan. It depends on what kind of personal loan you are looking to get a rate on. Usually the banks or insurers will offer you the best advise before you even consider buying a personal loan.