How Much Education Loan Can I Get In Canara Bank? Scheme Name Maximum Loan Amount Vidya TurantUp to Rs.40 lakh (on the basis of category of institutions) Vidya Shakti Degree courses – Up to Rs.7.5 lakh Vocational, certificate, diploma and skill loan – Up to Rs.1.5 lakh Vidya Sahay Up to Rs.1 lakh Is there
What Factors Do Lenders Consider When Reviewing An Application For A Loan? What factors do lenders consider when reviewing an application for a loan? Your credit. … Your income and employment history. … Your debt-to-income ratio. … Value of your collateral. … Size of down payment. … Liquid assets. … Loan term. What factors do
How Much Does A Repo Affect Credit? While a voluntary repossession may do slightly less damage to your score than a regular repossession, it will still drop your credit score by 100 points because of late payment reports. The repossession stays on your credit report for seven years, which seriously hinders your ability to qualify