icon Friend forcing to pay money back even after I promised a date.

A friend lent me 11k in parts and some of the amount being as help/crowdfunding for rent paying in 2nd lockdown. I have been unable to pay the amount back as I was facing issues with getting salary fr


A. Dear Client
She trying to file a police/criminal case for lending money to you will not stand chance in the court of law unless you have defrauded her which is not the case here. The police might not even entertain her. But yes she can always file a civil case to recover her money that was lent to you.

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icon Chit funds

Hai sir/ madam i am karthik from erode,tamilnadu actually we taken a chit amount from chit funds moreover we paid 15 auction amount but unfortunately we loss our business and able to pay the remaining


A. Kindly write them a letter requesting for grant of extra time and intimate them about your financial crisis... If your company is bankrupt then kindly file a suit before the competent court of law for getting the order of going bankrupt...

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icon Default in paying loan EMIs and credit card bills

I have a very good credit rating and CIBIL score, and have a repayment track record of over 25 years. Due to financial duress and business problems since past few years I have been running my home wit


A. Dear Client
Any loan/credit taken from a bank has to be returned as that is not your money but the public money. If the money is not returned then the bank will initiate its legal action which includes arbitration, recovery suit, cheque bounce case, complaint case against you.

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A. Dear Client
What they have done is illegal and also invasion of your privacy. You can initiate a legal action against them but before that you need to share all your case details with a lawyer to help you properly.

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icon Finance Dealing-given money to one of my friends

I had given money to one of my friends more than 2 years back. Every time I send him whats app message he keeps telling me that he will definitely return. When he asked the money he told me that the w


A. Dear Sir,
Nicely you may take atleast post dated cheque which is easiest method to recover the amount otherwise if you go in civil way you have to wait for years together.

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icon Money stuck with a guy using my credit card

A known guy in my area asked me for help as i used to know him from long time. he used the card and returned only 55% of the monies that too in bits and pieces. He has now stopped paying me back. i ha


A. Dear Client
You need to send him a legal notice through an advocate to him asking for the rest of the money to be paid alongwith some compensation for the suffering that you have undergone.

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icon Settelment of loan not done

I took a loan of Rs. 2,50,000 on my credit card in the month of september 2019 and after paying 6th EMI of around Rs. 15000/month I failed to pay next EMI's due to Job loss in the corona pandemic .


A. Dear Client
When the dues are growing and the account or credit card account has gone overdue then you should properly settle the matter with the officer by visiting the office and doing everything in writing. The way credit card functions is that whatever you pay in between takes care of the extra interest that has been added but the balance to be paid almost remains the same. Don't pay anything as interim but pay onetime to settle the account and close it.

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icon HDFC Credit card Payment

Hi Team, I have swiped my HDFC Credit card for about Rs.140000/- five years back and i am repaying the minimum charges for the last five years. But now a days, HDFC credit card collection agents are c


A. Dear Client,

As a borrower, you have many rights such as the Right to Humane treatment, right to balance proceeds, right to fair valuation of assets, right to adequate notice, credit counseling, and public assistance.

Hope this clarifies your query.

Thank you!

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icon SBI credit card recovery harassment

Due to financial issue,it's been 7months I can't able to pay emi's. Recovery agents are visiting home every 1 or 2 days.one guy from SBI collection department telling me that I call tell everyone (n


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 d ...ReadMore

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icon Harassment and Harsh Language for loan repayment

One of the recovery agent from My Shubh Life (NBFC) is calling my Dad and Wife for the payment which i had missed due to some emergency in family and he is also not revealing his name and asking for p


A. Dear Client
If you have taken the loan then they should call you and not you. Calling them and harassing and using the abusive language will amount to threaten and criminal act. You can call him and tell him to stop it all or else they can file a police complaint for his actions.

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