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Not able to pay consumer durable loan


22-Nov-2023 (In Banking / Finance Law)
Hello sir/madam I have taken a consumer durable loan and paid 6 emis out of 9 but due to my sudden financial crisis I’m not able to pay my remaining 3 emis and the recovery agents are harassing me calling day and night. What’s the solution for this ? Please help me with this
Answers (1)

Answer #1
996 votes
1.Recovery agents can not harass you for the repayment.

2. Banker can only file recovery suit against you, in case of non-payment towards loan.

3. You may get help from a lawyer to approach local police station to file complaint against the recovery agents.

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