Charging 6320 rs for just a loan of 600 is it legit?

Name of Complainant UJJWAL KUMAR
Date of ComplaintOctober 7, 2024
Name(s) of companies complained against
Category of complaint Mobile Phone
Permanent link of complaint Right click to copy link
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Text of Complaint by UJJWAL KUMAR:

Intrest rat are increased upto 100% – 1000% within 3 years

Principal loan amount : 600
Late fee + all charges = 5720
Total overdue amount = 6320

Is it legit intrest i have benn charged?
Also i am unable to contact the support team and no assist for my overdue loan.

Cibil profile is Harmed.!!

Image Uploaded by UJJWAL KUMAR:

Charging 6320 rs for just a loan of 600 is it legit?

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