Parallels Web Presence Builder

Parallels Web Presence Builder

Car Finance - My Experience

We have made tremendous progress in providing financial instruments to common man in last few years but still we have to go long way in what we are promising and what we are delivering to the consumers. While it was said by all Banks or financial instutions that getting loan for your Car is a matter of few minutes but once you fall into their trap than real agony started. They start at odd hours to your mobile without caring that you may be in important meeting, asking number of documents to acertain proof of residence, identity, I.T. return, bank balance and so on. And interesting aspect of the agents are that they filled applications for four banks - ICICI, CITI Financial, HSBC & HDFC with the pretaxt that whoever will approved first, we will avail. Once I filled the forms than from next day phone calls and visits to my home & office was started by inspectos or supervisons to acertain my identity, income, charecter etc. The were least interested inEMI, rate of interest, hidden cost etc. The nitemare not ended on approval. When I reached showroom a bunch of hundred of documents are given to me to sign without giving time to read. It gave me impression that I am illitrate and somebody trying to take my thumb impression. It is really a bad experience and now I am scared to think of taking home loan for my new home.

Compare and get the best loan deals

Who has not encountered a situation where marketing executives from banks like ICICI or HBSC chase you for applying for a credit card, a personal loan or even a home loan. This could be in a mall, cinema hall even outside your office complex. They will even promise to give you wife a free credit card if you take one from them. You try your best to refuse as politely as possible , but they still keep on pestering you. You keep on saying no, they still keep pushing the envelope that extra little bit in hope that this may be that last push which will finally melt you. And you are left wondering where these people were when you actually wanted that gold credit card, or what the hell, for that matter any credit card. You did not know where to go and the bank where you hold a bank account seemed to be more interested in running after people in malls.

In more developed Internet economies you go to Internet, fill in a simple form on one of those many comparison sites and within some hours you have offers for best loans, best credit card deals suiting your needs. This is the power of Internet, get all the relevant information when you actually need it.

Similar presence of comparison sites are sorely missing in India, and what little we have do not offer those many choices anyway. We at powermyloan are trying to exactly bridge that gap. More soon.

Lower Rate of Interest & Housing Boom

Last few years india witnessed a big boom in housing. the main reason behind all this is cheap home loans. People are getting best deals with competitions among various public and private sector banks. Private banks are offering best home loans

Easy Home Loans - Underpinning the Indian Housing Boom

Consumer finance has seen tremendous activity in India especially in last few years, with home loans and personal loans leading the change.