Money lenders pressing for their money to clear off

India
September 9, 2006 8:50am CST
If any one got money from another one,payment with interest. eg. i receive money from money lender, he gives to me such amount of 50000.00 in the interest rate of Rs. 3/- per hundred per month. the interest amount only comes out per month payment of Rs.1500/-. Now, i am only paying the interest amount only.in case i failed the payment of interest amount within the due date. He only asking for interest. In such cases he warns to clear off their money immediately. At the time i have not paying interest amount also. he wants settle the full amount with immediate. How i can manage it.
1 response
• India
13 Dec 06
yes i agree with this .