Now a days websites like bankbazaar.com, paisabazaar.com
, apnapaisa.com, deals4loans etc catches the loan seeker.
I will give you my example -
I was looking for personal loan, i browsed couple of banks website, online emi calculator.
To check the rate of interest and emi.
After this, i started receiving calls from bankbazaar.com, apnapaisa.com, deals4loans.com etc,
People calling from these companies gives you false commitment that your loan can be instantly approved by us.
On telephonic conversation we ask them the basic question about the rate of interest and emi amount.
Then these people ask pan number, and they officially log in to credit institution or bank on behalf of your name, they ask you salary details, duration, and they apply for maximum loan amount without taking your consent.
We think that they are telling us emi, rate of interest details on their own, but its not.
Actually these people log in officially to credit institution / banks on behalf of your name, details. And gives the information. . .
This all result in cibil
Each and every inquiry about loan towards any bank is marked in cibil
If you dont belive, check your cibil
You will get each and every details about your inquiry about loan.
Even the credit card offer telephone calls do the same, they ask you few question, log in on behalf of you.
The worst part is for every single inquiry your cibil
score goes down by 20 points
It happened with me.
record showed 9 inquiry for loan / credit card.
Hence my loan application is rejected.
So friends please beware, dont entertain these people.
If you want loan call the bank itself or visit.
Avoid these mediators.
till now i ma not get any feedback from bank or paisa bazar side
service is 0% Is Paisa bazar .com