Question
Q: How to settle a payday loan in India?
Answer
A: First, get proof of the loan and ask for a correct statement of account. Then, send a written offer to settle with a deadline. Get written acceptance, pay only to the official account, and get a No-Dues/NOC and confirmation of closure right away. Keep all of your receipts and messages in case you need to argue about something later. Legals365 and Advocate BK Singh take care of the whole process from start to finish while keeping things safe.
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By Advocate BK Singh
(Delhi High Court)
