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Q.

Can Banks hound friends of defaulters for loan repayment?

Tags: money, loan repayment, law & legal
Asked by Farhaan, 28 Mar '13 06:21 pm
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Answers (8)

1.

If surity is given, yes.
Answered by MAdhavan Avadhany, 28 Mar '13 06:28 pm

 
  
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2.

No they cannot do it unless and until the friends have guaranteed the loan as guarantors
Answered by rajnikant raiyarela, 28 Mar '13 06:26 pm

 
  
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3.

Nope,, friends NEVER,, no one who did not sign as guarantor ?
Answered by conviction, 28 Mar '13 06:25 pm

 
  
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4.

Yes , if they stood as guarantors. or else , just an introduction .. will have bank colllection agents visiting once or twice and then they are not supposed to disturb
Answered by Ataur Rahman, 28 Mar '13 06:23 pm

 
  
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5.

Yes
Answered by Quest, 29 Mar '13 01:11 pm

 
  
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6.

Yes
Answered by anil garg, 29 Mar '13 12:44 am

 
  
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7.

No
Answered by snow white, 28 Mar '13 06:47 pm

 
  
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8.

No.
Answered by Stalin, 28 Mar '13 06:26 pm

 
  
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