High penalty charges From MPOKKET High penalty charges From MPOKKET

1 year ago

Hi i have been using this mpokket app from clge 2nd with 8K credi limit and taken loan and repaid all on time but in last year taken on Feb 2022 loan from mpokket 16000 due my family emergency situation i couldn't repay that on time coz my father is disabilities person and mom is house wife I'm the one who works and repay all after 8 months i couldn't make the repayment i tried to make repaymet on Nov 2022 on that it's showing that i need to repay 48K to close my account they are saying for taking 16k and delayed for 8 months they are saying 48K need to be paided i could not make that much amount please someone help me in this!

Anik

Responded 1 year ago

View All Answers
A.Hello Sir,
You cantalk to higher authority regarding this or can ask for lessen your amount otherwise they can take legal action against you and can seize your assests also.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconTook money based on lies
Dear Client, In the given scenario, you can serve a legal notice to the person to whom you lend your money and if you possess sufficient proof in support of your claim you can file suit for cheating a...
question iconHand loan recovery
Dear Client, Sorry to inform you, that in the given situation, the chance of getting back the money that your friend lent to his friend is not feasible and appears to be almost impossible even through...
question iconCredit card
Dear Client, You can try to negotiate a settlement of your credit card dues with the Banks on your own if your pocket permits and the bank agrees, but sometimes it's typically done through third parti...
question iconHarrassment and verbal attack on personal misfortune by Bajaj Finserve TVM
Dear Client, As per the contractual obligation you are bound to repay the loan but the creditors have no right to harass you to recall the amount, there are rules set as per RBI guidelines as to how...
question iconComplaint regarding not refunding fees.
Dear Client, It's essential to communicate clearly with the center about your request for a refund and to provide any necessary documentation, such as receipts or enrollment agreements, to support y...