You can notify your bank that you want to cancel any electronic draft that lets the payday lender debit your bank account. Notify your bank inside 4 days prior to the draft date and also notify the lender in writing or by e mail that you have revoked their authorization to withdraw funds from your bank account. Having out of a payday loan debt trap… Read More

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You have to have to pay Rs. 600 for every cheque/Payment Instrument Dishonour + applicable GST charges. Institutions like Tata Capital have specially designed this loan for individuals with a little salary or company costs, as they could face difficulty approving finance of a large amount. Also, repaying this loan is not as difficult for the reaso… Read More