Question
Q: How to stop interest and penalties on payday loans?
Answer
A: You can ask for a waiver or freeze on penalties as part of a settlement, especially if the charges are too high or not clear. Write everything down and don't believe what people say. If threats are used to get people to pay fines, the BNS intimidation principles may support filing a complaint. Legals365 and Advocate BK Singh talk about waiving the penalty and write it down in a way that can be enforced..
By Advocate BK Singh
(Delhi High Court)
