Zestmoney failed to make three payments to vendor & impacted mine negative credit score :: Loan ID – 009683757638.

Name of Complainant Vishwas V
Date of ComplaintApril 8, 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 Vishwas V:

Dear Sir/Madam,

I am writing to bring to your attention an issue with the financial services provided by ZestMoney. I had taken a loan from ZestMoney Loan ID : [ 009683757638 ] and made the required payments on time. However, I recently discovered that ZestMoney failed to make a payment on Nov’22, Dec’22 & JAN’23 to their vendor (Piramal Housing Finance) , which resulted in a negative impact on my credit score & very much worried to take Home loan in this month because of their negliance.

I have contacted ZestMoney multiple times regarding this issue, but they have failed to take any action to resolve the situation. As a result, I have suffered financial damage and a negative impact on my credit score, which is a serious concern for me.

I request you to kindly look into this matter and investigate the actions of ZestMoney for their negliance. I believe that their failure to make a payment to their vendor (Piramal Housing Finance) and the resulting damage to my credit score is a violation of the guidelines and regulations set by the Reserve Bank of India.

I request that you take appropriate action to ensure that ZestMoney follows the rules and regulations set by the RBI, and that they provide me with the appropriate compensation for the damage caused. I have attached the relevant documents and evidence to support my claim.

Thank you for your attention to this matter.

Your Sincerely,
Vishwas V
8971341936

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