Car loan - friend brought a car 5 years back Car loan - friend brought a car 5 years back

9 months ago

My friend brought a car 5 years back in loan he dint pay last one due but he dint get any notice so he thought the due was over and he left it but all of sudden one day after 5 years staff from finance company came to his house and asked him to pay the last due with interest of 5 years too is it legaal is there any way to avoid it

Anik

Responded 9 months ago

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A.Dear client,
there is no way you can avoid it. You have to pay the outstanding amount. Failure to do so will entail the bank filing a suit against you for recovery of the amount
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