My loan mall application
2 years ago
Sir I have take loan on this application 3500rupees they give me and 64days over due penalty charge over all7800rupees ask me to pay and black mail with me sir what can I do
A.Its the time u black mail them .. n tell that u cannot pay exorbitant charges. N tell u will send legal notice.
Helpful
Helpful
Share
A.Dear Sir,
It is a small amount and they cannot do anything like approaching Civil Court etc. you just have thick skin and not to respond to their phone calls.
Helpful
Helpful
Share
A.Dear client,
You need to check if this is correct in terms of the oral agreement you made with the borrower about the interest rates. If not, then you will have to negotiate it and reduce it to the amount you both had agreed.
Thank you
You need to check if this is correct in terms of the oral agreement you made with the borrower about the interest rates. If not, then you will have to negotiate it and reduce it to the amount you both had agreed.
Thank you
Helpful
Helpful
Share
A.See when you have taken the loan then you will have to return the amount with the interest and that's the way it has to be. But yes they can not black mail yo for this and they need to follow a certain procedure to get the money back from you.
Helpful
Helpful
Share
Read Related Answers
Cyber crime financial UPI fraud case registered after not investigation support
Dear Client,
The National Cyber Crime Reporting Portal(NCCRP) is an initiative of the Government of India to facilitate victims/complainants to report cybercrime scams or complaints online and you ca...
Cyber crime
Dear Client,
Sharing private pictures, messages or videos especially of those under 18 either belonging to you or others with/without permission is a serious violation of privacy and is punishable by...
Amount put on hold
Dear Client,
Once a cyber scam is reported to the cyber crime cell and the Bank sends messages informing you that a certain amount of scams have been put on hold, means that the authorities have froz...
lost money to a consulting firm assuring job
Dear Client,
Please file a cyber complaint for online fraud and scam. The national cybercrime hotline number is 155260. File your online fraud complaint at https://cybercrime.gov.in/ Keep validating...
Regarding fraud payment issue by skillnation
Dear Sir,
Fees refund: Should students sue education institutes and can they do so? Yes!
Courtesy: (Dushyant K Mahant, is Founding Partner of Mahant & Mahant
•
Law is on the side of students who wan...
Read Blogs on Cyber Crime
Cyber Crime Lawyers
Find Lawyers by Location