India Investment, Stocks, Credit Card and Retail Forum
Credit Cards / Loan Products in India => India Credit Cards / Personal & Business Loans => Topic started by: sannereddy on September 07, 2015, 08:36:08 PM
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Dear Sir,
I have made a Credit card transaction of 400 rupees with deutsche bank in Aug 2007.After that i had to travel abroad and i missed the payment as there was no communication i forgot about this.
Now i applied for CIBIL report and this has impacted my score very badly and now this account is with 'INDUS IND BANK' . Currently they are saying outstanding amount is 79000.
I just wanted to understand my rights i have now ,do i really need to pay 79,000 for transaction of 400 rupees.
any help in this regard is much much appreciated.
Thanks,
Santhosh
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Kindly send me your Statements from 2007 till today as many as you have to feedback @ cardbhai.com Only after I can look into this I'll be able to comment.
Thanks.