Posted on: 20th May, 2009 06:22 am
I want to purchase land in main city and I apply for loan ,when I show my credit to bank then I found that I dont have sufficent credit balance.
Please let me know how i can improve my credit and how much credit is required to apply for loan to purchase Land in city....?
Thanks In Advance.....!!
Please let me know how i can improve my credit and how much credit is required to apply for loan to purchase Land in city....?
Thanks In Advance.....!!
hari, you will need to establish new tradelines, it appears. you can do so by seeking a credit card and/or a loan. pay this new debt as required, and your credit standing will continue to grow, your score will be escalated, etc. and you'll then be qualified as a borrower for the loan you are seeking.
bear in mind that this is a process, and cannot be accomplished overnight.
bear in mind that this is a process, and cannot be accomplished overnight.
In my opinion it depend on which city right now you are in and also where you want to buy land?
As George suggested is right but need to know specific city(grade of city may be A,B,C,Metropolital)
As George suggested is right but need to know specific city(grade of city may be A,B,C,Metropolital)
sunil, i haven't a clue concerning "grade of city" that you are referring to. please elaborate. is this specific to a particular country or part of the world?