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Sep 28, 2017 - 34 minute read

Hdfc bank personal loan support email id

It sits in the borrowers bank account, where its totally accessible. So the lender has no assurance the borrower will keep the money to serve as a safety net (which is the intended purposes of cash reserves). More Prevalent in Wake of Housing Crash. Cash reserves are nothing new. Theyve been around as long as the lending industry itself.

But two things have changed over the last few years. More lenders are requiring them today, and the amounts have gone up in many cases. At the height of the housing bubble, few mortgage lenders required cash reserves. Back then they didnt require much more than a job, a pulse and a Social Security Number.

Hdfc bank personal loan support email id

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Hdfc bank personal loan support email id

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