Need help in settlement of your credit card dues or personal loans?
When it comes to credit card default, Indian banks have the legal provisions to take action against the defaulters. This includes filing a civil suit in court or initiating criminal proceedings. The banks may also make use of debt recovery tribunals in order to recover the money they are owed. What is the legal action […]
If you have a loan that is marked as “closed” on your credit report, but the lender has not updated CIBIL to reflect this, you may be experiencing some difficulties in getting new credit.Taking immediate action to rectify the issue is paramount. Therefore, this blog post will provide you with insight on how to swiftly […]
A personal loan is a type of unsecured loan that an individual can use for any purpose. This type of loan is offered by many different lenders, including banks and credit unions. However, when you have a low credit score, it can be difficult to find a lender who will offer you a personal loan. […]
NPA is a term used to describe loans that have gone bad and are unlikely to be paid back. This can happen due to the borrower’s inability or unwillingness to repay the loan amount. When this happens, lenders often need to take action and write off the unpaid debt as a non-performing asset (NPA). The […]
If you have been served with a lawsuit, it can be a scary and confusing time. One of the first things you will need to do is determine which court the case will be heard in. If the suit has been filed in CIBIL, you will need to take action to remove the suit from […]
In a bid to protect the interests of credit card holders, the Reserve Bank of India (RBI) has come out with new guidelines for credit card defaulters. If you have defaulted on your credit card payments, then you need to be aware of these guidelines and take steps to comply with them. In this blog […]
Are you struggling to make payments on your outstanding debts? Are you afraid of being blacklisted by credit agencies? If so, you may want to consider declaring yourself a wilful defaulter. In this blog post, we will discuss what it means to be a wilful defaulter and how to declare yourself one. We will also […]
If you have been a personal loan defaulter for 10 years, you are not alone. Many people find themselves in this situation, and it can be difficult to get out of. However, there is hope! In this blog post, we will discuss some strategies that can help you get back on track and start rebuilding […]
If you have defaulted on a loan in India, you may be feeling anxious and uncertain about your future. You may be worried that you will be harassed by debt collectors or that you will lose your property. Do not worry – you have rights! In this blog post, we will discuss the steps you […]
If you have taken out a personal loan in India, it is important to know what the consequences are for not repaying it. Failing to repay your loan can lead to serious financial problems, including legal action. In this blog post, we will discuss the various penalties that you could face if you don’t pay […]
Need help in settlement of your credit card dues or personal loans?
