I took a loan last year and after few months I lost my job and still not able to find a job.
And somehow I was paying EMI of the bank by my funds and savings after that I transferred money from credit card to my account and during this period I got married.
Now loan+credit card EMI amount is very high and from last two months I'm not able to pay EMI now bank is torturing me.
Please help me if I want to close all debts I need around 10.5 lacs.
What should I do now please suggest.
If anybody wants to help me then I'll repay him money partially every month or as he wanted but I can't handle 2 EMI at a same time
Please somebody help me.
And also any advice is there please give.
My contact number- 7972002307
Our Experts

Sucheta Dalal Trustee - Moneylife Foundation

Abhay Datar Abhay Datar is a consumer activist and is also Member of the Managing Committee of Mumbai Grahak Panchayat (MGP). He was Treasurer at MGP for over two and a half years. After working at Bank of Baroda for about 29 years, he retired as IT Manager. After retirement, Mr Datar joined Consumer Guidance Cell of MGP in 2008 and solved many cases related to banking including online fraudulent transactions, misuse of credit cards and ATM cards. Also handled cases related to mobile and mediclaim. Mr Data

Suresh Prabhu Mr Prabhu retired as Senior Vice President from HDFC Bank

R Bhuvaneswari After serving Bank of Baroda for almost 40 years, Ms Bhuvaneshwari retired as Chief Manager in 2013.

Yogesh Sapkale Yogesh Sapkale is Deputy Editor of Moneylife and writes on finance, credit related issues

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