India  |  Credit and Debt Law

Legal Question

Asked on: 5/13/13, 12:01 am

I have taken aloan of Rs. 1 lakh @ 3.2 %interest from a private financier which was divide into 24 equal installments.I paid 7,3250 for 10 months,later i paid 3200 interes for few months as i lost my job.then i paid 15,00 & 25,000, to clear the remaining amount. according to my calculation i have to pay them around 30,000,but the financier is harrasing me for more mone as he is telling that he cant take the lum sum hewill deduckt as emi only please help. i paid more thn i took,

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