Noida: Fourteen members of a gang have been arrested for allegedly cheating people on the pretext of helping them with loans after posing as represent.
The RBI said the new framework will allow borrowers to switch to fixed interest rate from floating interest rates. This would provide relief to borrowers of home, auto and other loans.
In attempting to obtain loans for varying needs, there is no doubt that users in Nigeria face challenges, thereby making them wary of the whole process.
bill staton that joined the case earlier this week. gregg: looking for a loan but hoping to avoid the bank? you might be in luck. questions what? there is new place that people are turning to help each other, websites linking generous citizens with loan seekers. other than helping somebody in need, what is the incentive here. i bet casey stegall knows. live in los angeles. reporter: i ve got all the answers. this new loan is gaining momentum especially with volatility in the banking system. it s like borrowing money from a stranger if you can believe that. only this is in a safe and regulated way. when kathy started her own business, the biggest hurdle was funding. i wasn t comfortable with betting starting a new business by putting funds on a credit card and personal loans were