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
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.
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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.
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
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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.
Dear Sir,
You may get issue a legal notice to the concerned Bankers and the Head office and initiate legal action and claim huge compensation for not securing your account details which are private de...
Dear Client,
Your query requires more details to address it suitably. You expressed your concern but not a cause of action behind that concern that attracts a legal remedy. It is a virtual platform w...
Dear Client,
You need to adhere to the payment of EMI and interest rates as provided by the financial corporations to settle the loan amount. In case of a financial crisis, you can contact the manager...
Dear Client,
Once a donor or owner of the property gifted the property to the donor through a registered deed of gift, the property becomes the self-acquired property in the hand of the donee who beco...
Dear Client,
Once a borrower fails to repay his debt, the Lenders/FIs initiate a routine course of action for recovery of the loan/debt from the borrower. You may negotiate or settle your dues agains...
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