Hello Gurus,
Citibank is offering Paylite program, where the current outstanding can be converted to EMIs to reduce the interest outgo. I would like to find out if this impact my CIBIL rating in anyway. Also, I’m looking forward for a car loan in the near future. Will opting for the Paylite program impact my eligibility for car loan in anyway? With a CIBIL score of 800+, what rate of interest can I bargain for a new car loan if the bank qoutes for ex 10.5%?
Thanks in advance for your suggestions/replies.
Regards,
RK