Legal Question in Banking Law in India

Will there be any problem for getting loan if we made a credit card default and the made the full settele ment


Asked on 3/07/10, 8:36 pm

1 Answer from Attorneys

G. M. Gupta gmguptaandassociates

yes there may be such problem becos the data of defaulters is circulated in financial institutions and even after settlement the name may remain in black list

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Answered on 3/08/10, 8:27 pm


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