7 day loan apps harassments
7 day loan apps harassments
Hi, I had taken loans from instant loan app and have got stuck in this scam. One loan to repay another.. Some of these apps are removed from playstore and some are registered with a NBFC in RBI. Howev
2 years ago
A. Dear client,
You can File a complaint at the police station and also go for an injunction suit against the developers of the app as well as the bank and recovery agents. You can also file an objection with the Reserve Bank Of India, as this is completely illegal.
Thank You
Harassment due to chit fund loan
sir i paid 19 months of chit of total 20 chits with one individual lady. 1 month that too last month payment (60K) pending because of finacial crisis. Now that lady telling that she will come home and
2 years ago
A. Dear Client,
No one has the authority to harass you. If you have taken a loan you are liable to pay but the same cannot be collected going outside the rules and guidelines prescribed by RBI. If they are you can go and file a complaint in you local police station.
Thank you
harassment and threatening for credit card
To whom so ever it may concern. Myself nishant patel , is having an out standing of rs. 65000 on SBI credit card. But to some financial issues and family issue I'm not able to make the payment. I to
2 years ago
A. Dear Sir,
Remedies against harassment by Recovery Agents
February 18, 2021
Written By : Kishan Dutt Kalaskar Retired Judge
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There are numerous cases of the oppressive and illegal conduct of recovery agents attempting to recover pending dues for the banks' benefit. In the past few years there have been many such instances, to showcase an example, an 81-year-old woman was seriously threatened by recovery agents, she got 375 threatening calls concerning her child's unpaid bank dues. ...ReadMore
BANK AUCTION PROPERTY
Regarding clarification in physical possession by bank - i purchased a property in auction. bank has applied physical possession. after 5 months the borrower of the property has raised case in DRT. ca
2 years ago
A. Dear Client
There has been lot of cases where the bank has auctioned the property and even the registration has been done but the buyers find it difficult to get the actual possession of the property due to legal processes and delay. You need to get in touch with the bank and sort this out
loan -paid double interest
i have take loans from pvt lenders and i am not able to pay now and to some i hv paid double interest still they come home and to office and keep calling and torture like hell ifeel like dieing
2 years ago
A. Dear Client
As per the rule when you take a loan you will have to return the amount with interest and that's the way this loan business is conducted. If you do not return then they will try to recover it but yes they cannot harass you by coming to your home and creating nuisance.
Simple mortgage loan harassment issue
I did a simple mortage of my vacant land without possession rights for 12.5 lakhs at Sriram city union finance in 2016 for a 5 year tenure at 16.5% flat ROI . I had paid 3lakhs after which I was una
2 years ago
A. As you are getting harassment call & as they have added many other dues with OD & penalty, take a statement copy & see all the paid EMI & the unpaid, go ahead for settlement at the earliest, take advice from CA if you have one for the Loan account as to what needs to be paid. As if settlement is NOT done early they may send a recovery notice & attachment of property, which will become more stressful. If possible even sell the property for less value & settle with the ba ...ReadMore
Non payment of loan taken form NBFC
I have a loan from one nbfc which I paid more than one year regularly but now I am unable to pay the emi as due to some legal and madical expenses and now they are sending there collection agent who i
2 years ago
A. Dear Sir,
Yes, so many Banks unnecessarily abusing the borrowers and also contacting the relatives of borrowers such illegal activities to be condemned by all means. You may get issue a legal notice and record all their voices by audio and video and approach the Civil Court and also criminal court and teach them a lesson.
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Remedies against harassment by Recovery Agents
February 18, 2021
Written By : Kishan Dutt Kalaskar Re ...ReadMore
I want to withdraw as a guarantor for Vehicle loan or any suggestion
Hello Sir myself Chandrashekhar from Koppal , I Became a guarantor to my friend to Purchase a commercial vehicle for his business support, due to bankruptcy he couldn't able to pay all EMI of vehicle.
2 years ago
A. Dear Sir,
You may get issue a legal notice about your intention and ask them to get another guarantee from the borrower.
RECOVER THE MONEY
i want to know if i can claim in indian court , and send legal notice to the indian address, regarding the money recovery from an indian citizen who living in london , but will return after two mont
2 years ago
A. Dear Client,
To offer proper legal advice, the details of the transaction have to be shared. Kindly consult a lawyer for measures to recover your money in the best possible way.
Let us know if you require any further clarifications.
Thank you!
Loan defaults
I have lost my jobs and failed to pay EMI of 4 credit cards and 2 personal loan of Private Bank 2 and 3 EMI. Bank has sent legal notice and at the same time collection department harassing me by frequ
2 years ago
A. Dear client,
Since you have taken a loan from the bank, you need to repay them eventually. However, this does not mean they can use harassment as a tactic to get payment from your end. You can file a police complaint against the people shouting and threatening you over the phone and you can inform them of the same and tell them to put an end to it. As for the repayment, you can ask the bank manager for an extension in the date of repayment by explaining your situation.
Thank you.
