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Credit Cards / Loan Products in India => India Credit Cards / Personal & Business Loans => Topic started by: sbandi4 on November 23, 2010, 12:34:06 PM

Title: HSBC Credit card setilment-----need help
Post by: sbandi4 on November 23, 2010, 12:34:06 PM

Hi,

I have used HSBC credit card and purchaged for 48000 rs.

since 2007 october i have not paid the amount.

yesterday i got a call from hsbc saying you need to pay 48000 only.we will clear your outstanding.

Can i trust them?

After making the payment if they wont clear my outstanding ?


Please help how to proceed now.

Title: Re: HSBC Credit card setilment-----need help
Post by: rajamsc2003 on November 23, 2010, 01:48:16 PM

Hi
First you call customer care of HSBC and confirm with them whether they offer that much amount for settlement. Even you send a mail to the customer care and ask about the payment.

Title: Re: HSBC Credit card setilment-----need help
Post by: ashishthakur78 on November 24, 2010, 05:13:51 PM

Ask for settlement letter and clean credit history. Dont believe on what the collection people tells you. They get commission from the amount that u pay.

Title: Re: HSBC Credit card setilment-----need help
Post by: gudidena on November 24, 2010, 05:46:37 PM

ask for  the settlement letter and NDC before you pay