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Any individual who satisfies the following conditions would qualify for a bank loan. They are:
- Have a valid Identity Proof
- Have a valid Address Proof
- Have a valid Employment or Source of Income
- Have a continuous history of regular salary payment into his/her bank account
- Have no history of defaults or missing payments to previous loans
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∙ 12y ago
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What are some tips for securing a personal loan from a bank?
To obtain a personal loan from a bank, it's best to meet a financial adviser from that bank first. The adviser will review the current financial state and previous history before determining if one qualifies for a loan.
What types of person qualifies for a no income verification loan?
A no income verification loan is one that would generally be used by an individual that is self employed. Statements of their earnings and bank records are used to prove that payments can be made on the loan.
When you refinance a house as a co-borrower can you take your name out of the loan?
Only if the borrower qualifies on his own and the bank allows it. You will also have to be removed from the deed.
Who qualifies for a bank study loan?
You qualify for a Bank student loan if you have a valid Social Security number, fairly good credit, some private schools use private lenders, that is payable soon you graduate.You only can get the loan with the help of your school in these cases. I f you plan to repay a student loan using your bank lower interest, maybe they will consider it depending of your current income and credit. Mutual Credit Unions can help you if you are a member.
What are good interest rates for bank loans in 2013?
What qualifies as a good interest rate depends on the loan. There are car loans, mortgage loans, home equity loans and personal loans. The interest rate for each loan differ.
Is it possible to take education loan from other bank if one is running in another bank?
It is possible if you have good enough credit and enough security for a second loan, or a cosigner that qualifies. The second bank will run your credit and know of the first loan.
What are some tips for securing a personal loan from a bank?
To obtain a personal loan from a bank, it's best to meet a financial adviser from that bank first. The adviser will review the current financial state and previous history before determining if one qualifies for a loan.
What types of person qualifies for a no income verification loan?
A no income verification loan is one that would generally be used by an individual that is self employed. Statements of their earnings and bank records are used to prove that payments can be made on the loan.
When you refinance a house as a co-borrower can you take your name out of the loan?
Only if the borrower qualifies on his own and the bank allows it. You will also have to be removed from the deed.
How can one refinance a car loan?
After you have reviewed the terms of your existing auto loan, determined if your car qualifies, and decided whether or not it is even worth it for you to refinance your auto loan, all that is left to do is apply at the bank for refinancing and wait for approval.
Who qualifies for a bank study loan?
You qualify for a Bank student loan if you have a valid Social Security number, fairly good credit, some private schools use private lenders, that is payable soon you graduate.You only can get the loan with the help of your school in these cases. I f you plan to repay a student loan using your bank lower interest, maybe they will consider it depending of your current income and credit. Mutual Credit Unions can help you if you are a member.
What are good interest rates for bank loans in 2013?
What qualifies as a good interest rate depends on the loan. There are car loans, mortgage loans, home equity loans and personal loans. The interest rate for each loan differ.
What is easier to pay car loan or bank loan?
bank loan
How do you owner finance an automobile?
Transfer an existing loan if buyer qualifies.
What is loan boarding?
when a loan is been transfered fron bank to another. . .the bank which the loan is transfered to board the loan. .
How can someone with bad credit qualify for a home equity loan?
To see if one qualifies for a home equity loan even with a bad credit score, one should speak to financial experts. Try the local bank or financial experts for advice on the situation.
What is the difference between a bank loan and a bank credit?
What is the difference between bank loan and bank credit?
