Others are trapped, I mean they are given too many cards by various banks. The recession have made the condition more miserable.
In these condition Bank is employing all tactics to recover their funds, they call every day sometimes every hour, they send reminders , they send people home, they send legal notices, they send agents and what not.
There is no second thought that the person concerned has to pay his or her loan.
But at times, due to the financial crisis he or she is unable to pay his loan now. Even if he expresses his inability to pay at the current moment, the Banks are pressurizing the individual to the core.
They treat every customer as the same. no partiality, a customer who was prompt and is in the good books for years, if he is not in a position to pay now they take him for a ride.
I write this Blog just to tell others that genuine customers who are currently unable to pay due to their personal financial problems are mentally forced to commit suicide.
Their right to live is questioned. the mental torture they under go is tremendous.
I saw few posters through out chennai for the Personal loan and credit defaultors, there is a free legal services offered for them. you can contact them for your help.
Their contact details are as follows
Personal Loan & Credit Card Advocates
92823 41090, 92821 16111,97100 87334
Valluvarkottam ,2nd Right
14/15 , Krishna Steet,
Nungambakkam ,
Chennai - 600034
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