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Took 7k from one of my friends and levied high intrests


02-Oct-2023 (In Recovery Law)
I have took 7k in past 5 months ago and he have charged daily 100rs for that after 3 months of taking 7k I have payed 6k i.e., he said it as intrest And next to that the original money is there like that only and again he have penalties for these 2 months and money I should give now is 11k The total money is 17k how can I give that much money Right now my position is too bad Please help me regarding this Say laws and how much remaining I should pay Intrest rates are 30% please help me
Answers (1)

Answer #1
911 votes
You can file a cheating case on him how he can charge you 30% interest for you, you took 7k and you said you paid 6k after this he have to ppay 17k ...aak him to give him a document that he has to pay 17k how it comes 17k and if u ask us suggestion first we send a legal notice that how it comes to 17k and we will inform we file a cheating case on him after that we file a case in court
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