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Not able to pay my loan amount on time


17-Dec-2023 (In Recovery Law)
I have take a loan from Rupeeredee and the due date is 17-12-2018.I am not able to pay on due date.I asked them for extension which they mentioned in their FAQ section.ow todaw they called me and trying to threatened me. They says they will send some people at my home.Now what should I do now.
Answers (1)

Answer #1
855 votes
In this regard, I advice you that you should report the matter to the banking Regulator and RBI, as there are enough case laws to say that you cannot use force to get your money recovered and further cannot use bouncers. This practise has been condemned by the courts Time and again. Further you can make an FIR in the nearest police station. For further clarification, please contact.

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