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Want to transfer Loan..

Posted on: 22nd Jul, 2009 07:04 am
I have taken personal Loan before 5 months,I have alredy home loan. But now some days I have not offered this both loan payment, i unable to do payment.

SO i want to transfer my personal loan to my elder brother.
so I can pay payment atleast home loan.
My question is this possible to treansfer my personal to my brother name???
If possible then let me know detail how can I transfer my loan ?
Is interedt rate will be changed when i transfer loan ? or i need to pay fine for to transfer loan??

Please send me details...

Thanks In Advance....!!
priyaforum

One way to transfer would be ask your brogher to apply for a personl loan and pay you to pay off your current personal loan

Or he can mke payments monthly on your personal loan

Good luck
Posted on: 22nd Jul, 2009 09:46 am
i think second option is better
Posted on: 22nd Jul, 2009 10:09 am
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