Need help in settlement of your credit card dues or personal loans?
If you are struggling to pay your debts, you may be considering debt settlement. This is when you hire a company to negotiate with your creditors on your behalf, in order to reduce the amount of money you owe. It can be a great way to get out of debt faster, but it’s important to […]
Credit score is a numerical value about an individual’s creditworthiness. This score helps lenders decide how likely a person will repay his/her loans in time. It plays a major role in determining a person’s eligibility for financial assistance in the form of loans. Therefore it is very important to pay one’s bills on time. Deferred […]
Facts of the case: This case took place in Ernakulam, Kerala. The petitioner, Mrs. Alphonsa Johny, had borrowed a car loan of Rs.4,65,000/- from the respondent, Mahindra & Mahindra Financial Services Ltd to help set up a business for her son. Due to set back in business, she had not paid Rs. 22,500/- of the […]
A. BRIEF FACTS -Complainant took a loan of ₹3,00,000 in May/June 2006 -The loan was issued by Kotak Bank on 26.06.06 -Period of Loan- 30 months due to be paid by Dec 2008. -Mode of payment advanced cheques of ₹12,272. -Complainant decided to prepay whole amount in March 2007 and deposited ₹2,32,526 along with prepayment […]
Need help in settlement of your credit card dues or personal loans?
