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Posted On :- 03/01/2008
 
Question Asked :-  
 
Hello, I am based in Chennai and is currently drawing a salary of 15 L per annum. I have got lot of personal loans and multiple credit cards and paying heavy interest and my EMI is exceeding my monthly income. I would like to know whether you offer any debt consolidation service and will take over all my loans and credit card dues and consolidate into a single loan with Moneyline. Please confirm. Regards Haja # 99400 37865  
 
Answer :-  
 
Apnaloan helps you to get the relevant banks to compete for your loan requirements. Your best bet is to take a secured loan (against property, shares, mutual fund units, insurance policies with high surrender values, jewelery, etc) and use the loan proceeds to pay off all your high cost debt. Since secured loans are also available for longer tenures the EMI is also manageable and you can pay off the loan early if your income allows for it in the future.  
 

Personal loan query listing
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Qid Question
12033   what should be the idle rate of interest for a personal loan of 5 l
12020   ABOUT PERSONAL LOAN
12016   i want to apply for personal loan please give me the details.
12011   HI I NEED 500000 LOAN WITH MY MONTHLY SALARY 7500RS PLS SUGGEST WHI
12008   I have 4 different personal loans and a credit card due totalling 7
11982   Tell me about formalities to be taken for sanctioning the loan
11977   i am working in a ship for which my salary is debited in my nre acc
11945   50,000
11923   I want to take a personal loan of amount 150000 to start a business
11918   My company does not deduct PF . I am in this company for the past s
11913   can i apply for a personal loan of rs.100000/- on a monthly income
11893   Hi, I am a salaried employee(From Trivandrum , Kerala), i get aroun
11869    sir, i need Rs 150000/ for filling form for dda flats .how i get
11867   sir, I hvn't any address proof. I hv address of my bussiness place(
11865   sir, we have sell out of house recently and (all address proof) vot
11860   I want to buy laptop woth Rs 35000/-.whether i should go for person
11859   i filled my detailes...when ill b geting t loan?
11852   I am retired central govt officer can u give mers one lac for my pe
11836   pls tell me about your personal loan term condition and interest ra
11814   I am operating a company owned petrol pump of HPCL named Margbandhu
11813   sir ia m an nri working in bahrain...i hav no property at all..so i
11806   will i get the loan
11794   please can you give me personal loan
11792   Can we increase the tenure of a personal/business loan after having
11780   how can i take loan
11755   I am a houswife so please tell me can i take a personal loan?
11745   how many u give personal lone to me?
11715   i need a personal loan for Rs 100000 but my salary is 14000/- only.
11688   i need aloan amt of rs 200000 with a interest of 14% or below16
11687   HI, I'm working with AVIVA Life Insurance. For which category my
11676   Hi sir i need personal loan for my house renovation Work in process
11672   Hi , I like to know ICICI personal loan current interest rate for S
11671   incibil reports is mainly based on the date of birth.then why cred
11665   Hello Sir, I want to avail of a personal loan for buying a 2 wheel
11661   what is intrst rate all do&dons
11660   dear sir, i used to have credit card of icici bank few years back,h
11659   I have taken a personal to buy a plot. I would like to take home lo
11646   Hi my name is vishal. i want personal loan up to Rs. 500000 and my
11639   when&how much fast i could get
11637   hi i am nishat.i want to know how to calculate emi if it is a redu
11629   sir personal loan interst rate@tems@CONDITION
11603   I need a personal loan of Rs 400000 but I have a salary of rs. 1300
11601   I need some loan amount need help from you
11583   Hi, I am having 4 credit cards and due to some medical issues from
11566   I am a salried employee with 20000 p.m. what is the procedure for g
11553   1-why banks are rejecting my application and why they are not givin
11538   i pay total EMI currently 9000 and my income is 40000 pm. I need an
11536   what happens if take a personal loan from one country stay there fo
11528   I want to take a personal loan of 150000 for tenure of 12 months. I
11526   HI, i am salaried and earning 15000/-PM, want personal loan rs 1000
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