I am kumar and working in mnc, I had a HSBC credit card when I was in hyderabad and I missed my card three years back.However I did not noticed that very logtime and went to bangalore.Now I applied a loan and it got rejected ad the person said that my name is the defaulter database and ask me clear the due.I feel it is my mistake and also I can nto pay that much great amount right now. My friends are suggesting me to talk to HSBCa nd ask for final settlement like 10,000 or 20,000. I am really confused and getting tensed. Please suggest me or kumar_work80@yahoo.com,
hi.... one of my friend is a working professional.he was working with a well reputed mnc.then one of his friend offered him a job with profit sharing in his business so he left his job n started working with him.within one year the turnover became almost double so his employer's intensions gone wrong.he ask him to quit after a small dispute over some small company matter.my friend was shocked since he sacrificed his career for the sake of his business. then he asked for compensation .his employer friend lodged some fake FIR's against him n bribed the police too to disturb him.he was forced to compromise.he din't gave his salary even n asked for more 8 lakhs..he was shocked but agreed under pressure bcoz he was not having money to fight with.police was also after him n asking for bribe.he agreed.. he gave 3 lakhs n said he need some time to arrange 5 lakhs..they asked for post dated 5 lakh cheque.he was not able to arrange money n his cheque bounced..then he found out tht no money is due on him n watever money they r asking for was used for company sake.he was having proof of that.even his TDS certificate n some other dues of more than 5 lakhs r not paid by the company. then he called them but they refused to talk. now they have again filed a forgery case against him.police is again after him with unbailable warrant....now he's working in a small company to earn his living.he's the only earning hand in family.his wife,kids n old parents r dependent on him..what s
ABN AMRO is possibly the best card for frequent fliers for every lakh of purchases made they give u points which r equivalent to 200 miles which can be encashed or adjusted for airlines apex tkts, Hotel bookings & rail bookings. appears to be excellent card compared to others where the redemption of points is very very costly while redeeming them for air tickets. Vijaykumar/vkat1@rediffmail.com
RE:ABN AMRO GOLD CREDIT CARD FOR FREQUENT FLIERS
by vijaykumar akhilesh on Jul 23, 2007 01:45 AM Permalink
Just a correction ! In my above article It is not 200 miles but 2000 miles
by Anil Kumar on Jul 21, 2007 03:40 PM | Hide replies
i used and settled a credit card about 7 years back.Now the bank claims at that poin of time one of my settlement istalment cheque bounced(Rs.3200).I didn't remember that and my bank at that time didn't informed me or the credit card bank.After checking the old record it was found that the said cheque was bounced.
Now suddenlt they contacted me after 7 years and say i have to pay Rs.72,000/-.they never informed me or contacted me all these years.Should i pay them or take a legal process and fight for this case.
Please advice me if some have knoweldge about these matters.
RE:credit card settlement.
by Shyam M on Jul 22, 2007 05:04 PM Permalink
Never pay that money, mate. It is just ridiculous on how banks cheat us. Fight for it, send them a mail in registered post that you are not ready to pay and rather they are making you sick with this kind of harassment. And keep a copy of that to produce later in the consumer/ civil court. Claim 720,000 for the mental agony that you have undergone.
i used and settled a credit cars about 7 years back.Now the bank claims at that poin of time of my settlement istalment cheque bounded(Rs.3000).
Now they say i have to pay Rs.72,000/-.they never informed me or contacted me all these years.Should i pay them or take a legal process and fight for this case.
Please advice me if some have knoweldge about these matters.
RE:RE:card settlement.
by Vikas Vadgama on Jul 23, 2007 11:56 AM Permalink
Mr. Anil, Also inform (by writing a letter) them that you will approach RBI & Consumer Courts or Bank Ombudsman if they didn't listen to your complaint and reverse back the charges.
RE:card settlement.
by U on Jul 22, 2007 03:49 PM Permalink
Mr Anil sometimes, it happens that u want to pay to the bank but because of any reason payment is not made. Bank has a number of charges called late fee, cheque bounce penality, ------I am not an account person but with the experience of some of persons known I am sharing this. Now take initiative to call the bank and say them categorically that I will pay the actual amount (3200) only stating that no intimation from your end was ever received. In this case they should have informed you immediately or not beyond the next month. It is in practice that the banks issue statement every month. If the statement is not issued, it is not your mistake. So pay the actual amount only. Your mistake is that the cheque was not honored, so maximum you can pay the late fee for month. In any case not more than. Remember they can not force you. Be confident, agree to pay what ever is genuine but not like this. Use this dangerous tool only when essential
Due to some obvious reason I never use credit card. So many people tell the benefit and force me to take credit card. My thinking is that no one can offer to give money without his personal interest. Most of the people do not know the procedure of credit card. There are so many complexes that you will definitely make yourself defaulter, which you find after receiving the bill. I think only on this type of human error banks are doing and promoting this credit card business. So beware of this.
i just received a Credit Card from ICICI , in the letter they state that " We are happy to enclose your REPLACEMENT CARD " . For your information this is the FIRST Credit card in my life.
RE:Why Do Banks Resort To Cheating ? .... You Will Know It Now ... Read On.
by GS on Jul 21, 2007 12:19 AM Permalink
Sir, I completely understand your issues. I went through the website in detail and was completely aware of the awkward situation you went thru. I am looking out for a big fight against the injustice. You can mail me at gulabs@rediffmail.com
I dropped a check in HSBC by mistake which was given to me by my previous employer where i do not have any account. I was not in india for 6 months and never realised it.Now when I call HSBC I am not getting correct answers.how should I persue the matter.
