You’ve got to repay when you borrow. But lenders cannot humiliate both you and make use of methods that are aggressive data recovery
A self-employed professional from Kolkata, was stunned to receive a message from WifiCash, an app-based lending platform run by a non-banking financial company (NBFC) Chadha Finance in mid-April, Vikas Sharma. Aside from threatening to declare Vikas a fraudster, the message additionally warned him that a police compliant may be filed and a legal notice will be given against him, he alleges. Why this hostility? Because Vikas had taken a short-term loan of Rs 11,500 for their company from WifiCash when you look at the thirty days of March ahead of the lockdown ended up being established. [Read more...]