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What to do if a person doesn't close the loan taken on my profile


16-Jun-2023 (In Banking / Finance Law)
Builder took a home loan on my profile by paying me 5% of the total amt. He promised to close the loan in two years but now he is not closing it. Please advise what can be done.
Answers (3)

Answer #1
561 votes
Hello client Hru I have read ur query 8n this regards u have file a case so then only it is possible tht the builder will follow it's deal with u get is the best way in whuch u can get the help through legal way.
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Answer #2
813 votes
We can not done as this was according to both of your consent but yes if it is written somewhere then you can complaint against along with proof of evidence if he has not done according to decided terms and conditions.
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Answer #3
844 votes
YES YOU CAN DO, BUT FIRST OF ALL LET ME KNOW IF THERE IS ANY AGREEMENT BETWEEN YOU AND BUILDER WITH RESPECT TO CLOSING OR TAKING OF LAON ON YOUR BEHALF, AND OTHER RELATED DOCUMENTS OF LOAN, AND ALSO LET ME KNOW IF HE IS A GUARANTOR IN THAT LOAN AGREEMENT.
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