Can personal loan recovery agents visit your home or office? Know your legal rights | Mint

Can personal loan recovery agents visit your home or office? Know your legal rights | Mint

Source: Live Mint India is a rapidly growing economy, an economy that needs consistent credit to continue on its path of building infrastructure, roads, planning on future education, health management along with other crucial economic projects. Now, in such an environment the nation has witnessed the distribution of personal loans on a large scale. All…

Read More
What is personal loan recovery? From process to guidelines, key factors you should keep in mind | Mint

What is personal loan recovery? From process to guidelines, key factors you should keep in mind | Mint

Source: Live Mint A loan recovery process, specifically the process of collecting loan payments from debtors when already overdue or in default, has been known for ages. Essentially, the loan recovery process remains an essential practice in the finance sector. From asset repossession and other court procedures to more aggressive processes like involving debtors as…

Read More