is this possible to form a loan consumer club & file a PIL against rising loan interest rates in Apex body, as this is resulting a total imbalnce for the middle class family & there dreams, Total tense life....., Please share your thought....
RE:EMI
by Full2Njoy on Apr 09, 2007 12:20 PM Permalink
Nope u cant. its simple market economics at play. you cant blame a bank for increasing interest rates when RBI raises it. No bank is sitting to do charity.
The only solution is to go to another bank. Simple. Live within your means is the mantra of the day. Take a house loan within your repaying means.
RE:EMI
by ItsMe on Apr 09, 2007 12:22 PM Permalink
dont waste your money in the PIL business. keep paying a little bit extra every month on your own, it really helps.... if you would have paid that little bit extra earlier now the pinch would not be so bad. so learn.
RE:EMI
by Benedict Fernandes on Apr 09, 2007 11:39 AM Permalink
Yes I am with you government is not bothered about anyone..They just have there pockets to fill...We people have to stand up...There is wisper to raise the home loan and behold ICICI is the first one to raise the home loans...They are all thives...God Bless Them
RE:EMI
by Robin Mitra on Apr 09, 2007 12:12 PM Permalink
Definitely , we should make a presentation to the finance minister about our woes. Finally it is us who will keep him in his seat....he had better listen to our genuine problems.
RE:EMI
by Kishor Nadkarni on Apr 09, 2007 12:02 PM Permalink
Rajeev, Yes I am with you, we should form a club & we should fight for our rights. Govt & HFCs are thives.
