Are you eligible for Loan

Posted: 17 Apr 2011 06:47 PM PDT

Credit Appraisal is the process followed by banks to determine the borrower's ability to repay his loan as well as his trust worthiness. A prospective borrower has to go thorough the stages of credit appraisal as practiced by different banks. The main factor banks will consider is "proof" that shows that the borrower is capable of repaying the loan on time. For this, they will look into your...

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