أسئلة وأجوبة
My husband has an outstanding loan and credit card from a bank. How to settle them?
Hi
My husband has a loan and credit card from a bank, which he was always paying on time.
I left my job and we got financial commitments, due to which we couldn't make the payment in the past 2 -3 months.
We contacted the remediation department but they were not ready to help us. His outstanding loan is 72000 and his credit card is 22,500 overdue.
He has noticed the account is showing -200,000 all of a sudden. What can that be?
I wanna know as he is unable to pay the full outstanding payment of both the loan and credit card.
He has informed the bank that he can contribute towards the bank just 1500 (both loan and cc).
What would the next step of the bank be and is there any way we can solve it?
Thanks
Hi Sir,
I understand the difficulty of your situation, but you have to negotiate with the bank about your problem, and I am not sure that the bank will solve this problem.
The solution in my opinion is to collect some money to pay off the loan as soon as possible before the bank will go for some legal action against you.
