Posted on: 02nd Jul, 2009 07:58 am
I have already taken home loan.I pay regularly EMI upto this month.But this month bank has raise the interest.because of this reason my EMI has raise. this payment i can not offerd to pay.I think bank has cheated me in loan.
Can I go through court for justice.
If I fail to minimize interest then what can i do for EMI?
Please Help me to find way??
Thanks.
Can I go through court for justice.
If I fail to minimize interest then what can i do for EMI?
Please Help me to find way??
Thanks.
Hi aksh,
The lender cannot raise your monthly payments suddenly. There has to be some reason for that. Before filing a case against the lender, speak to him and check out the reason for the higher payments. If the lender does not offer you a satisfactory answer, then you should speak to a lawyer and discuss your case.
Thanks
The lender cannot raise your monthly payments suddenly. There has to be some reason for that. Before filing a case against the lender, speak to him and check out the reason for the higher payments. If the lender does not offer you a satisfactory answer, then you should speak to a lawyer and discuss your case.
Thanks
hi!
dont worry. talk to your bank and find out the reason for the increment. if things dont work out to your satisfaction, you should consider refinancing.
dont worry. talk to your bank and find out the reason for the increment. if things dont work out to your satisfaction, you should consider refinancing.
hi!
i suggest u meet ur bankers and talk out the whole issue. it is a little incredible if the rates are changed suddenly. if things don't work out, i'll suggest you approach some company who'll be ready to refinance your loan.
i suggest u meet ur bankers and talk out the whole issue. it is a little incredible if the rates are changed suddenly. if things don't work out, i'll suggest you approach some company who'll be ready to refinance your loan.
Hi,
1) first talk to your bank to see if they can change interest rate in your favor. Remember they should give you solid reasons that they made adjustment on the interest rate.
2) if that does not work out, go to refinance with other lenders who can give you a better interest rate.
Hope this is helpful.
Thanks.
1) first talk to your bank to see if they can change interest rate in your favor. Remember they should give you solid reasons that they made adjustment on the interest rate.
2) if that does not work out, go to refinance with other lenders who can give you a better interest rate.
Hope this is helpful.
Thanks.
aksh12th
See if you can refinance
Good luck
See if you can refinance
Good luck