Credit card payment settlement
Querist :
Anonymous
(Querist) 22 February 2019
This query is : Resolved
My colleague frnd has taken 2 credit cards hdfc 40k ,sbi 40k credit cards from me by black mailing me. And for 8 months he paid minimum dues.. And from last 5 months he stopped paying minimum dues I paid them by selling my. Gold. I don't have father. I have to take care of my mother.one year back I lost my job. searching for a job as am getting continous calls from bank I cannot concentrate on any thing and this is the first time to me. Teaching home Tution as part tym and earning 6k to survive. No property's staying in rent house. I got a lawyer notice on behalf of hdfc calling for settlement. But due to guilty and shyness I didn't went. This is the first time some is making calls to repay the money. I hate debits .i given complient in ps about this matter si asked him about the money and he accepted that he has taken money from me. Sbi I asked them that I will settle my bill but the agent spoke rudely and said that for me their is no settlement I have to pay in full. Please suggest me now wt I have to do.
Guest
(Expert) 22 February 2019
Agents would certainly speak rudely and it is their job.
Guest
(Expert) 22 February 2019
You have a very good friend and he will not be questioned and he can not be made liable
Guest
(Expert) 22 February 2019
One time settlements should be discussed only with Senior Officials of the concerned bank and Recovery Agents do not have powers to do all this and they would also keep changing
Sudhir Kumar, Advocate
(Expert) 22 February 2019
How could he take your cards and you did not report loss. Now why bank should listen to you.
You have to pay
Dr J C Vashista
(Expert) 24 February 2019
Settle the matter with Bank and your friend (if he agree).
You will have to repay outstanding amount, no escape.
