Overcharged Penal Amount

Name of Complainant Hemanth Pavan Kumar
Date of ComplaintMarch 10, 2023
Name(s) of companies complained against
Category of complaint Banking
Permanent link of complaint Right click to copy link
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Text of Complaint by Hemanth Pavan Kumar:

Hi, I took a loan from an called Mpokket during my college days. Due to lockdown it became hard not only for me but my family members too, so I was unable to clear my dues. My principal amount is 10,000Rs. As I was unable to clear my dues I am charged with 18,880 Rs extra as penal amount making it a total of 28,880Rs. So when asked to to remove those penal charges, the company refused to neither remove nor reduce to an understandable amount. This affected my CIBIL and now I cannot apply any of the home loans, Car loans etc. Please help . I am willing to clear my dues but 30000Rs over 10000Rs is a large amount.

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Overcharged Penal Amount

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