Topup Loan Fraud
2 years ago
Hi , i have a mortgage loan when i tried to close my loan but they said minimum of 3 years should complete to close and offered Topup when the time they collecting documents and cheque they said elgible actually property is on my father who expired even they collected all documents after login they said property should be on my name ..i already said if elgible only apply for login amount they collected documents i stopped the cheque to stop their payment .. is it illegal i dont want to pay them because of there double game
Subhashis Paul
Responded 2 years ago
A.Dear sir if the loan has already been sanctioned and the money has been disbursed to your account then you have to pay the tenured emi every month regularly otherwise stopping your payment to the loan company without proper intimation to the company may affect your civil score as well as the loan company may take legal action against you for non payment of emi on time or cheque bounce. Otherwise, if the loan amount has not been yet sanctioned and disbursed in your account then immediately consult with an advocate and intimate the loan company at earliest then only stop your payment.
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A.Hello Sir,
As per the facts which have been provided, I advise you to consult an advocate in this case to make sure that you don't face any legal problems in future.
Hope this clarifies your query and requirement.
Thank you.
As per the facts which have been provided, I advise you to consult an advocate in this case to make sure that you don't face any legal problems in future.
Hope this clarifies your query and requirement.
Thank you.
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