Expert Answer
Question:
Can I negotiate a payday loan settlement?
Answer:
Yes, negotiation is common, but you should only do it in writing with a clear final amount and language that makes it clear that this is the end of the deal. Demand that illegal fees be dropped and that payment be followed by No-Dues/closure. If someone tries to scare you during negotiations, you can still file a complaint. Advocate BK Singh and Legals365 negotiate safely and keep you safe from pressure tactics.
By Advocate BK Singh
Supreme Court | High Court | Tribunals
