First time loan
applications were opened from June 1 and will be closed on August 30.To date 23,200 applicants have applied and printed the forms and out of the 23,200 printed forms, 2,345 have been submitted for processing, Mr Ringera said.Out of the 615,773 candidates who sat for the Kenya Certificate of Secondary Education (KCSE) last year, only 70,000 made the cut-off grade of C plus to join university.
Delhi, May 5 -- Home Credit India, India's leading NBFC and market leader in the small ticket size loan category* providing fast and easy loans mostly to first time loan
takers in the country has become the proud recipient of the prestigious TransUnion CIBIL "Consumer Bureau Data Quality Award 2016 under "Member with the maximum improvement in data quality score during 2016" in the NBFC segment.
First time loan
takers, as well as already leveraged borrowers, are, in particular, scrutinised very carefully.
The bonanza of sops include hike in the old age allowance and pension for widows and physically challenged to ` 1,000 per month, one- time loan
settlement scheme for farmers and enactment of a new legislation for hawkers operating makeshift- stalls.
wants Albanian Salihi he's now the subject big-money offer from Changchun Yatai, Ibrox flop Matt spent a short time loan
, are willing to the Rapid Vienna attacker a chunky wage to China.
At the same time loan
losses nearly halved and were also a positive surprise for the market -- they landed at SEK157m, versus the expected SEK220m.
As bank lending volume drops, the percentage of time loan
officers are spending sifting through incompatible deals rises, driving up the cost of origination.
"Most of the time loan
moves are the best thing we can do because you don't want to be sat around.
The last time loan
rates were this high was in 2001, when a comparable deal averaged 12.5%, but the base rate was 12 times higher at 6%.
Although at this time loan
portfolios remain sound overall, indications of departures from proven sound lending practices--in particular, overreliance on optimistic views of the borrowers' prospects and favorable economic and financial conditions--have been a recurring theme emerging from recent supervisory reviews of bank credit quality.
Incomplete documentation is the leading cause of loan request rejection; It completes much of the financial analysis usually done by the loan officer; It educates borrowers on the entire financing process through an on-line knowledgebase, the Mortgage Advisor, thereby reducing the time loan
officers spend with less sophisticated borrowers and with borrowers for difficult property types.