Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

Are you feeling dejected because your <keyword id="6354730" type="UNKNOWN" weightage="20" keywordseo="Home-loan">home loan</keyword> has been rejected? Well, in that case, fretting is not going to help you. When a <keyword id="1867271" type="UNKNOWN" weightage="20" keywordseo="home-loan-application">home loan application</keyword> says “no”, read it as “try again”. Let there be no place for dejection because your dream home is only an approval away. And how can that be obtained after being rejected? Read on to find out how can you obtain your dream home after your <keyword id="3018457" type="UNKNOWN" weightage="20" keywordseo="loan-lender">loan lender</keyword> says no.<br />
	<br />
	<strong>1) Dive deep into the details</strong>

	The letter issued by the lender conveying loan denial would most probably be a generic one. After reading that letter, don’t let the cloud of disappointment blur your thinking. Instead, try to understand the reason of rejection. If the letter does not specify the same, speak to the concerned officials to understand the exact reason for not granting the loan. This will help you when you reapply for loan.<br />
	<br />
	<strong>2) Reduce the <keyword id="857141" type="UNKNOWN" weightage="20" keywordseo="loan-amount">loan amount</keyword></strong> After assessment, if the lender has found that the monthly income is not sufficient to support the loan amount, then the application may get rejected. In such cases, rework on the amount to be borrowed. By reducing the loan amount, the <keyword id="3018456" type="UNKNOWN" weightage="20" keywordseo="debt-servicing-ratio">debt servicing ratio</keyword> can be easily corrected and that will make the lender confident about your repayment ability. <br /><br />

	<strong>3) Pay off existing debts</strong>

	If you have already availed multiple loans, the chances of your existing monthly payment obligations getting in the way of the home loan approval are high. This basically leads to a high debt income ratio. Which means that, the debt obligations and repayment commitments at that time are more in comparison to the income. Any more debt obligations will put the lender at risk. Paying off a couple of existing debts is the best alternative to rectify this situation. 
<br /><br />

	<strong>4) Work on your <keyword id="2054234" type="UNKNOWN" weightage="20" keywordseo="CIBIL-Score">CIBIL score</keyword></strong><br />
	Lenders rely on the CIBIL score and CIBIL report to understand your credit history and credit behavior. Delay in repayments and defaults have a negative impact on the CIBIL score. A poor score is reason enough for rejection. In that case, obtain a copy of your CIBIL report, seek expert advice and work towards improving the CIBIL score. Ensure timely repayment of existing debts and close open issues, if any. It may take a while for the revised scores to reflect. So begin damage control now and approach the lender again with a favorable score.
<br /><br />

	<strong>5) Valuation of security</strong><br />
	The valuation amount may not be sufficient security for the loan amount in question, and that may lead to rejection. However, you must understand that valuation amount sometimes differs from one lender to another, depending on lender policies and the third party evaluating it. In case, you are certain that the security provided is being undervalued consider checking with another lender. That way either you shall have the loan approved from the other lender or you would know that additional security needs to be arranged.
<br /><br />

	<strong>6) Adjust and make it work</strong><br /> The main factors at play when it comes to home loan numbers are the loan amount, the rate of interest and the tenure. <keyword id="6357050" type="COMPANY" weightage="20" keywordseo="EMI">EMI</keyword>’s are calculated on the basis these factors. Now for the EMI to workout according to your income, either the tenure can be increased or the loan amount can be decreased. Keep your mind open to alternatives. Look out for a new property which can be more affordable and also check with other lenders for better home loans rates. <br /><br />

	The key lies in understanding the lenders requirements and working towards plugging the gaps, if any, at your end. With a bit of patience, determination and financial discipline, be assured that getting your home loan sanctioned will be a smooth process.<br />
	<em>(Image: Thinkstock)</em>

(<strong>About the author</strong>: Rajiv Raj is the Director and Co-Founder of <a href="http://www.creditvidya.com/">www.creditvidya.com</a>.)

What to do when your home loan gets rejected!

<br /><ul><li><strong>More people are adopting freelance work to engage in diverse fields, thanks to the freedom to choose, flexibility of work hours.<br /></strong></li><li><strong>Managing finances is one of the major pain points in a freelancer’s career.<br /></strong></li><li><strong><keyword id="596665" type="UNKNOWN" weightage="20" keywordseo="Accounting-Software">Accounting software</keyword> and mobile applications help organise payments and track expenses.<br /></strong></li></ul>From software developers to content writers and even graphic designers--the number of freelancers are ballooning as gig economy grows. As freelancers enjoy flexible work hours, freedom of choice--they also have to deal with erratic cash flow. <br /><br />Most of the domains of freelance work comes with project deadlines and hence the payday can be extended. Since freelancers have to deal with multiple income sources, they have to be ready for all kinds of people — those who pay quickly and those who extend it to the end of the year. They could either be paid the very next day of submitting the work or a month after execution. <br /><br />Given that, the ability of a freelancer to make ends meet depends on their ability to manage finances. Since they also juggle between multiple projects, organising heap of invoices is also a tedious and time-consuming task.<br /><br /><strong>Here are five things that can help manage the finances.</strong><br /><br /><strong>Go digital</strong><br /><br />Accounting softwares are a lot of help. For instance, <keyword id="2418253" type="PERSON" weightage="20" keywordseo="free-agent">Free Agent</keyword> — which is a cloud-based online software — helps to collate the taxes and payment invoices at one place. In fact, mobile apps like ePayments, Invoice Maker — are a great way of <keyword id="8232973" type="UNKNOWN" weightage="20" keywordseo="organising-payments">organising payments</keyword> and track expenses.<br /><br /><strong>Keep business account separate </strong><br /><br />Having a separate business account saves the hustle of micro-managing your personal expenses against your business payments and transactions. It helps to plan the budget well — from expenses to tax filing. This way, it is easy to track the expense on freelance work and the cash flow. <br /><br /><strong>Set deadlines</strong><br /><br />Following up with the client is a daunting task. Having a clarity on submission and due dates eases it. For longer projects, it is also good to set breakthroughs and even charge an upfront fee, to ensure timely payments. <br /><br /><strong>Save for taxes</strong><br /><br />The drawback of working as a freelancer is saving up for taxes. As a freelancer, set a portion of your income aside monthly, for tax obligations. <br /><br /><strong>Credit cards to the rescue</strong><br /><br />Use credit cards for payment of bills and other work-related expenditure. So, it doesn’t haunt you when clients delay payments.<br />

Here’s how freelancers can manage their finances to combat erratic inflow of cash

<p>Facebook has quietly secured an e-payments license from the Central Bank of Ireland, signalling that the ability to pay people through the Messenger app (<a href="http://newsroom.fb.com/news/2015/03/send-money-to-friends-in-messenger/">already available in the US</a>) could soon be coming to Europe, <a href="https://techcrunch.com/2016/12/07/facebook-just-secured-an-e-money-license-in-ireland-paving-way-for-messenger-payments-in-europe/">TechCrunch reports</a>. </p><p>The <a href="http://registers.centralbank.ie/FirmRegisterDataPage.aspx?firmReferenceNumber=C148215&amp;register=38&amp;AspxAutoDetectCookieSupport=1">Central Bank of Ireland's register</a> shows that the license was authorised to Facebook Payments International Limited (FBPIL) in October for "e-money issuance" and "payment services." FBPIL confirmed the approval of the European license to TechCrunch. <div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>The Central Bank of Ireland</span></p><p class="caption">The Central Bank of Ireland authorised an e-payments license to Facebook in October.</p></div><p></p></div></div>As a member of the European Union, <a href="http://www.eu-facts.org.uk/arguments-by-topic/will-uk-financial-services-suffer-from-losing-passporting-rights-after-brexit/">passporting rights</a> mean that the Irish license would apply throughout the other 27 EU member states. </p><p>What is not known, is how exactly the license will be used, though François Briod, the founder of money transfer comparison site Monito, <a href="https://techcrunch.com/2016/12/07/facebook-just-secured-an-e-money-license-in-ireland-paving-way-for-messenger-payments-in-europe/">told TechCrunch</a>: "In the short term, it means that Facebook Messenger will be able to roll out its peer-to-peer payment features in Europe."</p><p>Currently, the <a href="http://www.eu-facts.org.uk/arguments-by-topic/will-uk-financial-services-suffer-from-losing-passporting-rights-after-brexit/">payment service only works in the US</a>. It lets you sending money to friends via the Messenger app, a feature which it has <a href="http://uk.businessinsider.com/facebook-messenger-promotes-p2p-payments-2016-9">recently been promoting</a>. It <a href="http://uk.businessinsider.com/r-facebook-announces-payment-capabilities-for-messenger-service-2016-9">has been reported</a> that the social network will soon be adding payments to businesses, as well as friends, via the app.<div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Facebook</span></p><p class="caption">Facebook's peer-to-peer payment functionality, currently available in the US, is now likely to come to Europe.</p></div><p></p></div></div></p><p class="tagline"><div id="categorypromo"><p><h2><span>Learn more:</span></h2><ul><li><a href="http://read.bi/pay1">Credit Card Industry and Market</a></li><li><a href="http://read.bi/pay2">Mobile Payment Technologies</a></li><li><a href="http://read.bi/pay3">Mobile Payments Industry</a></li><li><a href="http://read.bi/pay4">Mobile Payment Market, Trends and Adoption</a></li><li><a href="http://read.bi/pay5">Credit Card Processing Industry</a></li><li><a href="http://read.bi/pay6">List of Credit Card Processing Companies</a></li><li><a href="http://read.bi/pay7">List of Credit Card Processing Networks</a></li><li><a href="http://read.bi/pay8">List of Payment Gateway Providers</a></li><li><a href="http://read.bi/pay9">M-Commerce: Mobile Shopping Trends</a></li><li><a href="http://read.bi/pay10">E-Commerce Payment Technologies and Trends</a></li></ul></p></div></p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/places-on-google-maps-you-cant-see-2016-11">7 places you can't find on Google Maps</a></h3>        <div>            <div>        <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="pteGJuNzE6aqsfMCzpxuMIAqKUyVke3D" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>        </div>        </div>            </div>

Facebook payments are coming to Europe

<p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Getty</span></p><p class="caption">Woman finger on lips</p></div><p></p></div></div></p><ul class="summary-list"><li><strong>It's about to become much more difficult to watch porn in the UK.</strong></li><li><strong>Porn in the UK will be age-blocked as of July 15, with porn sites having to bring in age-verification.</strong></li><li><strong>One of the proposed age-verification systems is called Portes. It involves going down to a physical shop and buying a voucher, which is then uploaded via an app.</strong></li><li><strong>Business Insider spoke to Serge Acker, the CEO of the company that owns Portes, to find out exactly how it will work.</strong></li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit BusinessInsider.com for more stories.</a></li></ul><p>It is about to become much more difficult to watch porn online if you're in the UK.</p><p>From July 15, porn sites <a href="https://www.businessinsider.com/porn-age-verification-to-launch-in-uk-on-july-15-2019-4?r=US&amp;IR=T">will need to check that their British viewers are over 18</a>, thanks to the UK government's decision to implement a "porn block."</p><p>The argument is that it's too easy for children to watch porn online and it's affecting their sexual and mental health - so now anyone who wants to watch porn on the internet will have to prove that they're old enough.</p><p>There is <a href="https://www.businessinsider.com/the-uk-porn-block-is-coming-why-people-think-its-a-bad-idea-2019-3?r=US&amp;IR=T">backlash from critics</a> who say that the ban amounts to censorship, and ultimately that a ban won't have the desired effect. The UK is pressing ahead anyway.</p><p>The law makes it incumbent on the porn providers to put in place a "robust" age-verification system, or else face having their sites blacked out in the UK. </p><p><em><strong>Read more:</strong> <a href="https://www.businessinsider.com/the-uk-porn-block-is-coming-why-people-think-its-a-bad-idea-2019-3?r=US&amp;IR=T">Porn is being age-blocked across all of the UK in July. Here's why people think it's a terrible idea.</a></em></p><p>And how will the ban work in practice? The police won't be knocking on people's houses to snoop through their internet histories.</p><p>The government has been woolly on the detail, but it has placed the burden of verifying people's ages on porn site operators. The system will be policed by the <span>the </span>British Board of Film Classification, an organisation that has historically decided what films are suitable for particular age groups. It isn't clear how the BBFC will detect sites that don't implement an age-verification system.</p><p>Now porn sites must come up with a way of verifying people's ages.</p><p>Various solutions <a href="https://www.wired.co.uk/article/uk-porn-age-verification">have been proposed by multiple companies</a>, but many involve uploading a form of ID, such as a driving license or a credit card.</p><p>One solution has a particularly analogue feel to it.</p><p>Its official name is the Portes Card, although it has been popularly dubbed the "porn pass." The idea is that people will be able to go to a shop where the person behind the till will check their ID, and then provide them with a pass which can then be uploaded via an app to give them access to pornographic content without handing over any personal data.</p><p>Business Insider spoke to Serge Acker, CEO of the company behind Portes, to discover a bit more about how this will work in reality.</p><h2>Portes' musical roots</h2><p>OCL, the tech startup which created the Portes Card, was not originally geared around letting over-18s watch porn.</p><p>Its focus was on the music industry and how to get more money for artists whose work is being used on apps like TikTok and Snapchat. When Acker came onboard, the company was focused on micro-licensing for music.</p><p>"TikTok, Snapchat, all those companies have grown on the ability for their users to create user-generated content, that very often requires the use of third-party content - music typically. And none of that music is really paid for."</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Getty</span></p><p class="caption">TikTok started life as a lip-syncing app.</p></div><p></p></div></div></p><p>The music industry itself leant a helping hand in setting up OCL. Indie record label Beggars Group provided the startup with roughly $100,000 in seed money.</p><p>OCL's microlicensing business is still active, but following the UK government's announcement in 2017 that it would be bringing in the porn block, the company expanded its operations to age-verification. It named this arm of the company Portes.</p><p>"When the UK government brought in the Digital Economy Act, we thought it was an interesting problem to solve because at the time the only game in town in terms of age-verification relied on identity," said Acker.</p><h2>What will the "porn pass" look like?</h2><p>The Portes Card won't be a plastic card. Instead it's more of a printable voucher, which works in tandem with Portes' bespoke app.</p><p>Portes sent Business Insider an image of a prototype.</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>OCL</span></p><p class="caption">A prototype of the 'porn voucher'</p></div><p></p></div></div></p><p>The process of buying a pass will be a little like paying for your gas bill or mobile top ups at the newsagents.</p><p>Portes has partnered with two payment companies,PayPoint and ePay, which are collectively installed in around 90,000 retailers. That includes newsagents and major supermarkets such as Tescos - although it is not certain yet which outlets will choose to make the pass available in their shops.</p><p>Anyone wanting the pass will need to download the Portes app first. This features a barcode, which the retailer will scan. They will then ask for proof of your age and payment. For use on a single device, the pass will cost £4.99 ($6.50), and £8.99 ($11.80) across multiple devices. Once you've paid, you will have a printed voucher with a 16-digit code.</p><p>That code can then be entered via the Portes app. For use on a laptop or desktop, the user visits the porn site of their choice where they can hit a "Portes" logo, then enter the code, and wait for verification from the app.</p><p><em><strong>Read more:</strong> <a href="https://www.businessinsider.com/snapchat-says-its-age-verification-safeguards-are-effectively-useless-2019-3?r=US&amp;IR=T">Snapchat admits its age verification safeguards are effectively useless</a></em></p><p>To prevent under-18s from simply obtaining a code from an older person- a sibling for example - Acker says parents will be able to install the app on their kids' devices and then activate a "lock" it so that any code entered on that device is immediately burned.</p><h2>The biggest online porn company in the world has partnered with Portes</h2><p>Portes has also partnered with AgeID, an age-verification company owned by MindGeek, the conglomerate which owns PornHub, YouPorn, and RedTube.</p><p>AgeID itself will offer a few options to users apart from Portes, including verifying their age via SMS, credit card, passport, or driving licence.</p><p>As the subsidiary of an umbrella company with a dominant market position in online porn, AgeID has drawn a lot of ire from privacy activists claiming it shouldn't be trusted with reems of personal data. Portes saw this as an opportunity.</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Shutterstock</span></p><p class="caption">Pornhub, a popular pornography site, is one of the most visited websites in the US.</p></div><p></p></div></div></p><p>"AgeID at the time and still now is seen as the 800-pound gorilla, that... because it is the emanation of a porn company it's hard to trust that they will do the right thing," OCL's Acker said. "Whatever you do can never be enough to misspell people's mistrust [namely] the minute you create an account, that creates a point of weakness."</p><p>He said Portes' pitch gave AgeID the "perfect solution" for giving an option for accessing a website without having to create an account. "For them it's an additional opportunity to prove to people that they're not in this game to collect data," he added.</p><p>Acker said that Portes' deal with AgeID is not exclusive, so it will be able to partner with other, smaller sites.</p><h2>Most people still don't know there's a porn ban coming</h2><p>The UK porn block will kick in on July 15, more than a year later than it was supposed to - it was originally slated for April 2018.</p><p>Acker says Portes' tech is ready to go, but notifying people about the block will be another challenge entirely. <a href="https://yougov.co.uk/topics/technology/articles-reports/2019/03/18/britains-porn-watchers-likely-be-caught-their-pant">A YouGov poll from March 2019</a> showed 75% of Brits weren't aware that the porn block was on the way.</p><p>He said that Portes is engaging in a fair amount of online marketing ahead of time. "We're trying to be as guerilla as we can, being a startup," he said. He also said that ideally MindGeek will flash up some information on its various sites warning people ahead of time.</p><p>"Obviously Mindgeek control their user experience, but I think we both recognise the need to get people ready and not be caught out," he said.</p>    <div class="margin-top">        <h3>NOW WATCH: <a href="https://www.businessinsider.com/facial-recognition-technology-regulation-creepy-future-2019-4">Facial recognition is almost perfectly accurate - here's why that could be a problem</a></h3>        <div>                    </div>    </div>

You Searched For "epayment ability" and got 4 results

What to do when your home loan gets rejected!

Rajiv Raj

Here’s how freelancers can manage their finances to combat erratic inflow of cash

Prerna Sindwani

Facebook payments are coming to Europe

Hannah Roberts

The UK will age-block porn from July 15. This 'porn pass' is one way you'll be watching it in future.

Isobel Asher Hamilton,Isobel …

Popular Keywords

Buying Guides