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Loan recovery agents make calls to all my contacts


29-Sep-2023 (In Banking / Finance Law)
Dear sir, This is Mohan. I had taken a loan in online from a company. i have one pending emi. They make calls to all contacts which is saved in my mobile for pending emi. from that day i didn't pay emis to them. is there any possibility to take action against them. I don't want their money I will pay emis after completing this issue, but I want the reason why they called to all my contacts. Please guide me sir.
Answers (1)

Answer #1
756 votes
Yes you can initiate action against recovery agencies and banks for the hardship they are causing to you. There is process around it so please consult a lawyer for appropriate remedy.

You can file a suit and take retraining against recovery agencies and banks.

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