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Want to take a loan through profile funding in real estate


08-Aug-2023 (In Banking / Finance Law)
I am in need of a personal loan around 5 lakhs, a financier is suggesting me to go for profile Funding through real estate. I have a bad CIBIL score & have overdue around 2 lakh of credit cards. Is this would be okay to take loan from them, kindly suggest ?
Answers (2)

Answer #1
645 votes
Hello,
Please call us @ 9818097236, so that we can discuss the matter in detail. or visit us @ Rohit Agarwal, Advocate, J-132, 2nd Floor, Rajouri Garden, New Delhi - 110027
http://bit.ly/Advocate-Rohit-Agarwal

Answer #2
972 votes
It seems that you are in deep financial trouble at the moment. Having a bad CIBIL score and an outstanding liability of INR 2 lacs on the credit cards suggest you have been poor with your finances or had too large liabilities and less income. Going for more loan even through profile funding in real estate, is likely to cause more problems for you. With the limited information you have given, further advise is not possible. Also it is advisable for you to consult a good CA.

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