I've a personal loan and it was topped up in 2011, but due to my financial problem I became a defaulter, duration of loan is till 2015 May, what should I do to make them not harass me and make them understand I will pay the due within my duration?
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March 6, 2014 at 9:32 am
Banks always want their money back. In this situation you can issue letter to the bank that you have intention to pay back, ask for consideration of the interest and explain how you want to pay back. May be they can consider interest and make a schedule for the payments. If you issue any letter to the bank then always get received copy signed by the concerned officer of the bank.