POSTED BY September 18, 2013 3:06 pm ONE COMMENTON
I have taken 50k personal loan from the bank in Sep 2007, I didn’t repay the money as I lost the job then. Now they have send mail a total of 117175.00…, which includes late payment charges are 61337.00, stating that my case is forwarded to their authorized collection agency.I’m not in the situation to repay the money now, which is double of principal.
After seven years , Will my data cleared in CIBIL? What is the best solution can you give me now.
Plz help me.