How to close Cred Cash Loan || Foreclosure Cred cash loan

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  • Опубліковано 29 жов 2024

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  • @ajayjaiswar1002
    @ajayjaiswar1002 6 місяців тому +3

    Very much informative video fast n quick with easy explanation. Thanks.

  • @SA-cb2it
    @SA-cb2it 6 місяців тому +1

    I have a question, if you take a loan of 4lacs and total amount due is 6laxs including interest, then let's say after a couple of months you decide to foreclose and you ha e paid 5k in principle and 5k in interest every month for four moths then you decide to foreclose, so from 4lac you have paid 20k in principle and 20k in interest, your principle due is 3.8 lacs, so when you go to foreclosure so you pay 3.8lacs or 6lac-40k ie 5.6lac?

  • @2809bhoomi
    @2809bhoomi 7 місяців тому +3

    I have already close my loan but still its showing in my cibil what to do

    • @Naiwiktech
      @Naiwiktech  7 місяців тому +2

      Wait for one month it will be updated late in some cases

  • @SHAKTHiYoutuber
    @SHAKTHiYoutuber Рік тому +2

    If the total intrest for 12 months is 5600 but i will pay in three months is intrest get less or total intrest should be pay

  • @srinivaskotla9271
    @srinivaskotla9271 Рік тому +1

    If we take a second time loan from cred without closing the first loan payment how will EMI pay every month ? It means we have to pay individual loans like first and second or else have to pay at a time

  • @KPAVANKUMAR-e2c
    @KPAVANKUMAR-e2c Місяць тому

    Sir, after proceeding legally, will CIBIL get effected? Because bank will write in CIBIL as write-off .We are settling Loans and credit cards with legally so will it impact CIBIL sir?or banks they give any letter stating that CIBIL will not effect?

  • @Pavanap456
    @Pavanap456 9 місяців тому +1

    If we choose foreclosure the loan is that includes remaining months instrest ?

    • @Naiwiktech
      @Naiwiktech  9 місяців тому

      No interest charged for remaining months,.
      Since you closing the loan , loan will be charged till on the day of closure of loan account
      Interest is charged on a daily basis.

  • @girishdagade2635
    @girishdagade2635 9 місяців тому +1

    If we repay the loan early as you did .
    Do we need to pay full interest which was planned while opting for loan or only till the current month in which we are foreclosing

    • @Naiwiktech
      @Naiwiktech  9 місяців тому +9

      No need to pay extra interest for the remaining period . You will be paid interest till the day of closing as interest is charged on a daily basis
      I hope it helps

    • @whoakshayarora
      @whoakshayarora Місяць тому

      ​@@NaiwiktechThankyou

  • @deepakyadav7rd
    @deepakyadav7rd Рік тому +2

    Your principal pending amount was around 3.44L but you 3.46 why? They say no foreclosure charges they why

    • @Naiwiktech
      @Naiwiktech  Рік тому +2

      Interest Amount is charged on daily basis it will show you the exact amount on the day of payment
      There are no foreclosure charges

    • @ellizgadgets8133
      @ellizgadgets8133 Місяць тому

      Paying month days interest will be added. It will be small amount only.

  • @shaikabdullah5348
    @shaikabdullah5348 Рік тому

    Hi bro... are they adding gst for every months

  • @RajasekharM-h8s
    @RajasekharM-h8s 11 місяців тому

    can i pre close the loan after one month, how much i have to pay if i took 2 lakh loan for 48 monthly EMIS, should i pay the total interest for 48 moths or just to pay the principal amount and present month interest.

    • @Naiwiktech
      @Naiwiktech  11 місяців тому

      You can pre close the loan at any point of time as interest is calculated on daily basis
      Your total exact amount will be shown at the time of closing

  • @karthikpthunga
    @karthikpthunga Рік тому +1

    How to stop e mandate after the 100% repayment ??

    • @Naiwiktech
      @Naiwiktech  Рік тому +2

      After 100% repayment e- mandate will stopped automatically

  • @swarnalihait7201
    @swarnalihait7201 11 місяців тому

    If you had not foreclosed, you had to pay 344k, but since you foreclosed it you paid 346k, which is 2k higher. You actually had to pay higher to pay off early. why would i choose foreclosure if i had to pay higher amount of money?

    • @dipanshupandey4049
      @dipanshupandey4049 11 місяців тому +4

      That 344k is just principal, if you add interest of remaining tenure, it'll cost more than 346k

    • @dangepankaj6142
      @dangepankaj6142 10 місяців тому

      346k is including interest

  • @samlalchacko593
    @samlalchacko593 Місяць тому

    After closing how can we take the loan second time bcoz i closed nd nw in cash nothing updated

    • @Shathik-ry8oz
      @Shathik-ry8oz 28 днів тому

      Same bro what to do to get sexond time

  • @hemantchaudhary7165
    @hemantchaudhary7165 Рік тому

    My total amount paid is not showing on the cred application

  • @pratimdas8803
    @pratimdas8803 Рік тому

    Will it impact the credit score if we foreclose the loan?

  • @thanyawells8141
    @thanyawells8141 Рік тому

    When we foreclose is it only principle amount we pay back or even principle plus interest

    • @jamesdennison77
      @jamesdennison77 Рік тому

      same doubt !! kindly reply

    • @thanyawells8141
      @thanyawells8141 Рік тому

      @@jamesdennison77 I took the loan and I checked the option for foreclosure and the amount is the outstanding principal

  • @gouthamicraftsandcooking2031
    @gouthamicraftsandcooking2031 4 місяці тому +1

    I have a one doubt pls clarify, in my cred app now shows 80k loan limit, if I will wait one more month then loan amount will increase or not pls rly me

    • @Naiwiktech
      @Naiwiktech  3 місяці тому

      Interest will be calculated on the daily basis . So you can check the amount you need to pay

  • @jaidevahir243
    @jaidevahir243 Рік тому

    Can take a loan for 10-15 days ????

  • @alwayschinnuu
    @alwayschinnuu Місяць тому +1

    My loan is closed still my autopay pay is on they cut my balance

    • @Naiwiktech
      @Naiwiktech  Місяць тому +1

      If your loan is closed you will get the EMail & Sms
      You will also receive NOC within a Week .
      If you have closed the loan , no future payments will be debited

  • @chaitrareddy412
    @chaitrareddy412 Рік тому +1

    Foreclosure option not showing what to do.?

    • @Naiwiktech
      @Naiwiktech  Рік тому

      Wait for a day or two it will show up

  • @Daisy-qf6rh
    @Daisy-qf6rh 6 місяців тому

    How can I pay Half of the money??

  • @SharifKotagunasi
    @SharifKotagunasi Рік тому

    Sir i closed the loan bt its msgs coming again to pay the emi

  • @bashashaik2712
    @bashashaik2712 Рік тому +1

    Hi sir
    Can I foreclosure the loan amount after 4EMI

  • @parushuram2127
    @parushuram2127 Рік тому +8

    Not showing foreclosure

  • @VivekRaja088
    @VivekRaja088 4 місяці тому +2

    Part payment is available

    • @Naiwiktech
      @Naiwiktech  4 місяці тому +1

      Yes

    • @VivekRaja088
      @VivekRaja088 4 місяці тому +1

      @@Naiwiktech could you please make a video on how to do a Part payment on cred cash loan. It might be useful. And no one has posted video on this

  • @MohammedSaleem-y7n
    @MohammedSaleem-y7n 7 місяців тому +1

    What happened we dont pay the loan

    • @Naiwiktech
      @Naiwiktech  7 місяців тому

      If you dont pay the loan cibil will be affected

  • @lakshmishan1302
    @lakshmishan1302 2 місяці тому

    Do they send any laon documents to home address

    • @ellizgadgets8133
      @ellizgadgets8133 Місяць тому

      No, all are digital, soft copy of loan may send to email only. Nothing with physical copy.

  • @naveendevaraj634
    @naveendevaraj634 Рік тому +1

    Can we close the loan within two or three months.

    • @Naiwiktech
      @Naiwiktech  Рік тому

      Yes you can

    • @SHAKTHiYoutuber
      @SHAKTHiYoutuber Рік тому

      ​@@Naiwiktech but intrest applies for total year or only for three months ?

    • @pratheekshettigar
      @pratheekshettigar 10 місяців тому

      @Naiwiktech even I do have the same doubt can you please reply on this while foreclosure do we need to pay the whole early interest amount or the monthly interest and principle amount

  • @animeshorts1971
    @animeshorts1971 2 місяці тому +1

    Sorry to ask you this but the transaction limit is 2 lakh and we are doing payment of above 2 lakh
    How is it possible

    • @Naiwiktech
      @Naiwiktech  2 місяці тому

      Use Net Banking to pay the loan

  • @aakashchoudharybike
    @aakashchoudharybike Рік тому

    Brother what interest rate is applied to your 5L loan ?

    • @Abgz199
      @Abgz199 11 місяців тому +1

      Don't take from cred you will have to pay 20%pa

  • @Hublihudgi
    @Hublihudgi 10 місяців тому +1

    Example now we have 2000 cred loan if i want to pay 1000 can i pay now

  • @270suren1
    @270suren1 4 місяці тому +1

    Its closed but showing in cibil

    • @Naiwiktech
      @Naiwiktech  3 місяці тому

      It might take 1 week to a month for the update in CIBIL records

  • @saiprathap862
    @saiprathap862 7 місяців тому +1

    This foreclosure affects the cibil score...

  • @sandipm9550
    @sandipm9550 Рік тому +1

    Not showing

  • @vijaychaudhary1821
    @vijaychaudhary1821 Рік тому

    Option nhi show ho Raha FC ka kya kare

  • @ipvlogs11
    @ipvlogs11 Рік тому +1

    Cred cash lene par intrest kitna lagega?

    • @Naiwiktech
      @Naiwiktech  Рік тому

      It depends upon your credit score

  • @abhinunni2631
    @abhinunni2631 Рік тому +2

    In my cred foreclosure option not available

    • @Naiwiktech
      @Naiwiktech  Рік тому

      Try for few days , it will be shown

    • @Naiwiktech
      @Naiwiktech  Рік тому

      For me also , it didn’t shown but after one day foreclosure option is shown

  • @sruthims1050
    @sruthims1050 Рік тому +1

    Cred loan
    Why they are charging insurance
    We can cancel that insurance???

    • @Naiwiktech
      @Naiwiktech  Рік тому +1

      You have the option to uncheck insurance while taking the loan. But for some the option yo uncheck loan is not visible

    • @sruthims1050
      @sruthims1050 Рік тому

      @@Naiwiktech yes it's not available
      So wat to do
      I need to cancell

  • @aaryaclothingjewellery5781
    @aaryaclothingjewellery5781 Рік тому +1

    How to take noc

    • @Naiwiktech
      @Naiwiktech  Рік тому +2

      NOC will be issued automatically via email / sms once you close the loan completely

  • @bobbyhaldar9037
    @bobbyhaldar9037 Рік тому +1

    No option for close

    • @Naiwiktech
      @Naiwiktech  Рік тому

      Wait for 2-3 days it will shown,
      otherwise contact CRED customer support they will help you in this regard

  • @hemachandrashekar8788
    @hemachandrashekar8788 11 місяців тому +1

    There’s no foreclosure options available 😢

    • @Naiwiktech
      @Naiwiktech  11 місяців тому

      Try two to three times it will show up
      For me also for the first time Foreclosure option was not shown

  • @nitiknayyar7659
    @nitiknayyar7659 Рік тому +1

    foreclosure charges h kya ekse

    • @Naiwiktech
      @Naiwiktech  Рік тому

      No foreclosure charges in Cred

  • @jaybty99
    @jaybty99 Рік тому +1

    I have foreclosed the loan through IDFC website. When it will reflect on my Cred Cash?

    • @Naiwiktech
      @Naiwiktech  Рік тому

      No idea about that Bro
      Do share your experience of foreclosure on IDFC website

    • @jaybty99
      @jaybty99 Рік тому +1

      @@Naiwiktech I asked cred’s customer care and they told me it may take 7 days for the update.

    • @Naiwiktech
      @Naiwiktech  Рік тому

      But for mu friend it took 2 days for update
      Be patient it will be updated

    • @simmermitchell8688
      @simmermitchell8688 Рік тому

      @@jaybty99did it update?

    • @rajeshale7093
      @rajeshale7093 10 місяців тому

      ​@@jaybty99update hua bhai

  • @Rajumathurltpcalculator
    @Rajumathurltpcalculator 2 місяці тому

    Same

  • @kannanss9757
    @kannanss9757 Рік тому

    Not showing why

    • @Naiwiktech
      @Naiwiktech  Рік тому

      For the first time it has noyt shown the option for me also
      After a day / Two it shown me the option to close the Cred loan