They are flouting all rules of R.B.I. They overcharge client on any pretext; i.e.late payment; interest;miscelleneous fees or charges; evne interest on interest (which is illegal) are charged at fantasically highest rates. R.B.I. should be strict to these they are literally looting clients. There are also hidden charges about which client doenot know about it.Many people even donot go into deatials. I have changed credit carsd from bank to banks ; but all are same. After closing ans surrendering cards I recive all bills (i never used to get them when I was user)with telephonic threats.Complained to Police but no use; they have many other serious issues to deal with.
RE:Credit card :cheating business in our country
by Shantanu Bapat on Jul 25, 2007 09:18 AM Permalink
Being a muslim you should not do business with them as they are charging interest. Now let me guess, you applied card on your own, you are using on your own free will and now complaining that they are charging fees. Why not cancel them and get rid of this problem once and for all. But, wait you can't do that or else how can you purchase things that are latest and trendy, right? Buddy, stop blaming others and start being responsible. Why not bring a good name to much maligned Islam by starting a campain against using credit cards? Why not teach fiscal responsibility to fellow Ummah brothers, why not learn the good values that Islam teaches about living a life of simplicity without complications?
