分类目录归档:Rise Financial

Exactly why is it difficult for First Time Borrowers to obtain a loan?

In a 2014 report, RBI has made tips of to not ever reject loans to brand brand new or first-time borrowers. Nevertheless, numerous banking institutions and NBFCs continue to be perhaps perhaps not comfortable lending to new borrowers. First-time borrowers face an unique challenge in getting that loan just like little if any credit rating available, it could be problematic for credit reporting agencies to determine a credit rating and lack of credit history helps it be problematic for banking institutions to provide. 继续阅读Exactly why is it difficult for First Time Borrowers to obtain a loan?