Loan

6 years ago

Dear Sir,
I have taken Loan from Cashe ( Mobile Based Loan lender) of Rs.30000/- by 12/05/2017. While disbursing the loan itself they have taken Rs.2750/- as upfront interest for a period of three months as monthly EMI 10000/- for each month. Due to some personal issues i was not paid the loan on time. Finally got approval for making payment of principal amount of Rs.30000/- on 15th November 2017 & made payment on same day. I got confirmation from the Lender for Rs.30000/- through mail . Now they are harrasing me to pay another Rs.14500/- as interest & sent legal notice . Kindly requesting you to do needful to take futher action on them. Is there any option to file defamation case & claim the amount & also can i file a cheating case on them for false promise . Thanks

Regards,
Harisha

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Deepak Yashwantrao Bade

Responded 5 years ago

A.dear client in your case As per the RBI guideline the loan lender should be registered and get licence for lending activities.You have a option to lodge complaint ombudsmen authorities of RBI.

Helpful

Johnson Thangiah

Responded 6 years ago

A.Sir,
First you have to check the details of the loan lenders. As per the RBI guideline the loan lender should be registered and get licence for lending activities.You have a option to lodge complaint ombudsmen authorities of RBI.

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Anonymous

Replied 6 years ago

Harisha G D

Collections
11/15/17
to me
Dear Harisha,

As a special consideration, we accept your request for settlement of Rs. 30,000/- and would request to remit it by today itself.

Regards,

CASHe Recovery.

Anonymous

Replied 6 years ago

Confimation mail from them

Abhimanyu Shandilya

Responded 6 years ago

View All Answers

A.Hi,
If they have sent you a legal notice for payment of extra interest then they must have done this as per the law and the agreement that you would have signed with them. You should respond to the legal notice by replying it. Do you have the loan agreement copy then please share with a lawyer and seek his opinion if they have done anything wrong.
Regards

Helpful

Anonymous

Replied 6 years ago

Anonymous

Replied 6 years ago

Confimation mail from them

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