Ankit was happier since the their little princess eventually had this new entry to at least one of the most extremely prestigious universities around. Really, so you can secure her daughter’s entryway, he had been required to spend an upfront payment out of INR step 1,fifty,100. Ankit didn’t have extent in a position which have your, which the guy reached one to leading bank for the very same and you can used for a loan. Just after seven days, the guy adopted up with the lending company and just what arrived just like the a amaze to your is always to remember that his loan application provides started rejected? Well, to your asking why, he was told he had a reduced CIBIL get due to the fact he had defaulted that have one lender.
Better, Ankit is not by yourself facing the mortgage rejection. There are several other borrowers as well just who deal with a similar ordeal if you are availing a personal financing to satisfy its ranged demands.Continue reading