Loan Close
2 years ago
We have taken car loan from Mahindra finance tenure was 36 months we have paid 32 and 4 is remaining, they are abusing us hence we have pledge my wife chain and arranged the money for 4 emi now they have added interest and cheques bouce asking us to pay please help us how to go about this my husband is a driver.
A.Dear Sir,
You may get issue a legal notice and file a counter case against them for unnecessarily making issues and adding interest and filing false cheque bounce cases.
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A.Hi,
It is important to recognise the value of the pledge you have given and the amount that needs to be paid back. You can try to negotiate with them for reducing the interest considering your situation. Please go through the term of the loan agreement to find any ways to avoid paying interest.
Thank you.
It is important to recognise the value of the pledge you have given and the amount that needs to be paid back. You can try to negotiate with them for reducing the interest considering your situation. Please go through the term of the loan agreement to find any ways to avoid paying interest.
Thank you.
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