@aarushisharmaX Actually it's a trap. I don't know how they giving loan without checking repayment capacity of a borrower. Struggling a lot to come out from this. Huge harrasment
@VatalNagaraj Sir, Kannadigas in Bengaluru are allegedly being trapped in digital loans by operators sitting in Delhi. Recovery agents abuse them and families in Hindi.
🙏 Sir, Karnataka needs a strong voice like yours to protect Kannadigas.
#karnataka#kannadigas#paydayloan
@bharatloans Sumender Singh and Pradeep Kumar owners of Solomon Capitals. What gives you the audacity to allegedly violate RBI’s Fair Practices Code and harass borrowers who merely seek repayment extensions or settlements? You deduct 10% processing fees plus 18% GST and then impose exorbitant interest charges. @RBI, @FinMinIndia, is such lending and recovery conduct permissible under applicable regulations? Why are borrowers subjected to intimidation instead of fair, lawful treatment? If violations are established, why aren’t strict penalties and appropriate regulatory action taken, including cancellation of licences where legally warranted? Borrowers deserve dignity, not harassment. When borrowers are willing to settle loans which demonstrates their willingness to repay why harass them to abetment of suicide? Your grievance officers are manipulators and frauds. Your collection head Sachin is a harasser. @nch1915@jagograhakjago@DGPMaharashtra@RBIsays@India_NHRC@NCWIndia
@TransUnion@Experian@CIBIL @EquifaxIndia @CRIFHighMark
Why do credit bureaus record borrowers’ defaults but stay silent on exorbitant payday loan interest and recovery harassment?
Who protects borrowers?
Credit reporting must come with accountability!
@RBI#PaydayLoans
@santosh23236177 Ampire finance and Naman finlease is under RBI supervision due to these employer mails..still they are doing this @RBI are these in your control or everything is just on paper..what about their other apps..will they do whatever they want?