Illegal money lenders

Querist : Anonymous (Querist) 21 August 2017 This query is : Resolved
Dear All,

Sir, we have taken a loan of Rs 400000 with a local money Lender Giving a Cheque , we have Paid Interest for all Most 5 years , now from Past 6 months we have returned Rs 150000 , balance Amount is remaining, last month we cant giv them money as my Sister Marriage was there , now that Person keep on coming near house and Shouting to give Full balance amount in one week , its impossible us to giv full amount . she is black mailing that she will write 500000 in each cheque n give to bank n put case , so please help us in giving guidence , she is not a licenced money lender ,

pls reply ,

thanks in advance

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Rajendra K Goyal (Expert) 21 August 2017
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