Punishment for credit card defaulters in India
When a bank issues a credit card to a consumer, it provides the option to avail a short-term credit with…
A Vehicle Cannot be Confiscated in the middle of the road for the purpose of recovery of loan amount
In case of default on repayment of a secured loan like a home or car loan, the biggest worry of…
All you need to know about Hypothecation
When a person obtains a bank loan to purchase a vehicle, this is referred to as hypothecation. Anyone who buys…