RE:credit card
by Anand C on Jan 25, 2007 06:22 PM Permalink
Option would be take a balance transfer/loan and pay in lumpsum and pay back for the loan or BT in EMIs. else if you want to close the card then you have to contact Collection department and arrange for a payment as settlement in instalments (Ensure to collect a written proof of everthing in that case, as lot of 3rd party agents are involved in collections)
RE:credit card
by mohammed sheikh on Jan 29, 2007 03:34 PM Permalink
you can approach the court asking for the installments, stating that you are not in a position to settle the amount at one strech. The advantage is that the bank will not be able to charge you the interest after that.
RE:credit card
by Dishant Doshi on Jan 25, 2007 05:25 PM Permalink
In that case Bank will continue to charge you interest try to speak with the bank that this is my condition they may waiveof some of your your bill amount.
