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ElaKiri Talk!
Personal Loan issue
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<blockquote data-quote="sam_sajith" data-source="post: 24066925" data-attributes="member: 206455"><p>What are the legal actions to be taken against the personal loan non repayments ? </p><p>Loan amount is 500,000 and more than 180,000 been settled to-date, </p><p></p><p>The bank has increased the PA interest to a sky high level and the instalment has increased drastically. I have requested rescheduled plan yet they have failed to give me. The interest rate they charge me now is 19.50% PA which is not affordable at all </p><p></p><p>Expecting some assistance from someone who has gone through the same</p></blockquote><p></p>
[QUOTE="sam_sajith, post: 24066925, member: 206455"] What are the legal actions to be taken against the personal loan non repayments ? Loan amount is 500,000 and more than 180,000 been settled to-date, The bank has increased the PA interest to a sky high level and the instalment has increased drastically. I have requested rescheduled plan yet they have failed to give me. The interest rate they charge me now is 19.50% PA which is not affordable at all Expecting some assistance from someone who has gone through the same [/QUOTE]
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