User_ef1351b1

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  • in reply to: Bank Loan Need Advice #54114
    User_ef1351b1
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      U
      User_ef1351b1
      PARTICIPANT
      February 15, 2025 at 6:31 am
      Cooperative bank + secured loan + high interest -> something doesn’t add up. Either you can negotiate and settle the loan or restructure it and pay the loan. Any specific reason not to pay the EMI?

      in reply to: Bank Loan Need Advice #54112
      User_ef1351b1
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        U
        User_ef1351b1
        PARTICIPANT
        February 14, 2025 at 4:58 pm
        Valid.16% may be an unsecured loan(personal loan).Most probably will reflect in the CIBIL score also. Visit the bank to get the SOA and loan details and settle the money.

        in reply to: Bank Loan Need Advice #54110
        User_ef1351b1
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          U
          User_ef1351b1
          PARTICIPANT
          February 14, 2025 at 4:12 pm
          More details needed. Did your mom pay the EMI.What is the principle outstanding. Tenure and roi.

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