Unable to Pay loan

[VikarshJain]

I have a Lot of Loan on me after total Amount of Around 4 Lakhs but they are From Different NBFCs so my EMIs are Around 80K p.m which is getting out of hand for me I am thinking of getting a Debt Consolidation Program should I go for it or not ?

 

[shivam_loan]

Hey there I know you are in a very tough spot right know.... but what you can do it approach some Debt Counselling & Reconstruction service in your city and see there flat fees which they are offering or you also go to some online company like banksamadhan or you approach ngos...but these ngo only help wiht formal loans.....
I hope you are able to break this free

 

[VikarshJain]

I have Consulted with FREED Care Any Opinions on that or which other Online Platforms you can recommend I have a Pending Payment yet to be Received of About 70K for 9 months which has caused this issue for me

 

[shivam_loan]

have you tried balance transfer

Also try contacting Debt Counselling & Reconstruction service on just dial or sites like these on internet which are based in your city

 

[VikarshJain]

No How Can I get that and from where ?

 

[shivam_loan]

If you are asking about balance transfer just visit the credit card section of you bank and in the Transact section (Talking about HDFC you can see the option )
you can balance transfer to the credit card which is charging you less enter the detail and it take around 5 7 days

 

[shivam_loan]

Message me directly if you want

 

[amitvicky]

Take help from family/relatives or friends if you have not asked them yet.
I am sure they will understand your condition and help as much as they can
I am just hoping that this debt was not for pleasure/gadgets/impulse buying which you are now realising to be this big headache.

 

[ak@bekifaayati]

I have a Lot of Loan on me after total Amount of Around 4 Lakhs but they are From Different NBFCs so my EMIs are Around 80K p.m which is getting out of hand for me I am thinking of getting a Debt Consolidation Program should I go for it or not ?

U have taken loan for period of 6months?

 

[VikarshJain]

Most Of it yes have been rotating loans for Past 3-4 months and No The major Amount Was Mainly For one of friend Who needed it at that Time and now that amount cannot come back that has added up in the existing amount