Not getting eligible for any loan
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Not getting eligible for any loan
Dear,
I have got one two wheeler loan from Bajaj Finance 2.5 years back.
At that time due to some unavoidable reasons check for loan payment get bounced. I paid that with cash in same month. Like this there are 7 to 8 incidences of check bounce, but I paid in same month by cash. Now loan was clear, I got NOC from Finance company.
But when I went to any bank for Housing loan or Personal loan they denied my loan for reason of bounced check in previous loan.
Is there any solution for same, or I have to face this in all future.
Hoping ur responce,
Nikhil
I have got one two wheeler loan from Bajaj Finance 2.5 years back.
At that time due to some unavoidable reasons check for loan payment get bounced. I paid that with cash in same month. Like this there are 7 to 8 incidences of check bounce, but I paid in same month by cash. Now loan was clear, I got NOC from Finance company.
But when I went to any bank for Housing loan or Personal loan they denied my loan for reason of bounced check in previous loan.
Is there any solution for same, or I have to face this in all future.
Hoping ur responce,
Nikhil
nicky_2975- MoneyTalk New Member
- Number of posts: 1
Registration date: 2009-05-30
Re: Not getting eligible for any loan
If your current bank statement is strong enough, previous issues shouldn't be a problem.
Did you try at a different bank?
Did you try at a different bank?

Admin- Admin
- Number of posts: 42
Registration date: 2008-01-10

Re: Not getting eligible for any loan
If you are trying to improve your credit then just get a credit report and see why you dont have a strong score
bentley1988- MoneyTalker
- Number of posts: 21
Registration date: 2010-05-05
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