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Regarding bike financing , seller give me wrong information and cheted
30-Jan-2025 (In Criminal Law)
I purchased a bike on finance during the process i ask him about the interest rate he said me it is Rupees 5,890 on monthly basis and it is 12% but in the receipt interest rate they levy is 14.99% when i ask him he did not give me explanation and said you have to pay the mentioned amount . kindly guide me how to deal it.
if you purchased a bike on credit card they will charge interest you have to speak to the bank that said 12 percent but levied 14 percent this is against the contract law we have to see the terms and condition given under the contrz t
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Adv. Spiti Sarkar
Greater Noida | 700+ Answers
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I understand that this is a case of incorrect representation while selling a product; I can help by sending a legal notice to the company and the person concerned, highlighting the fraud played by the person on you, and asking for reimbursement of money or suitable legal action against person. Let me know if you need help, thanks.
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Adv. Bihaan Pandey
Allahabad | 50+ Answers
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File a complaint case in the consumer forum of your city. File all the documents that are there with you of the transaction, including any whatsapp chat and mail to the official ID of the finance company . Once you file a complaint , a written response will be sought from the erring company and compensation will be awarded to you if your case is genuine
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Adv. Swati Sinha
Lucknow | 50+ Answers
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