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What to do in case i cant pay the dues of my loan


03-Apr-2023 (In Banking / Finance Law)
i had purchase a tv from bajaj finance but some payment is due somthing 15000 total payment was aprox 33000 , i have no money yet so could you provide me some suggestion for it . what they will take action against me just bcz after purchase tv i lost my job
Answers (1)

Answer #1
586 votes
At the time of purchasing an agreement between you and financer was executed.and a blank cheque of you was obtained by your financer. If you have failed to repay the entire loan amount than financer may use your cheque after filling in it total outstanding amount
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