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BSNL and other internet problems Financial problems of retired people Difficulties faced in getting loans Bookmark this page |
When I was cornered by
circumstances I had no other go but to approach moneylenders. For
immediate requirement, some people suggested I get money from Pathans.
They charge Rs.10 per hundred. Not only that they demand a double pronote
signed . For example if I get Rs.5000/-loan from them I was asked to sign
a pronote for Rs.10,000/- I was not prepared to do that. Second alternative was to look for someone who could help me for low interest such as Rs.2/- or Rs.3/- per hundred. My attempts proved to be vain. Since I am retired and passed the age of 60, Banks and Financial Organizations refused to help me. If I am a pensioner, then chances of getting loan from them is possible. I have nothing to prove that I have a regular monthly income. Finally, I had no other way but to accept loans for Rs.4/-and Rs.5/- per hundred and I am paying heavy interest like this for a loan of Rs.one lakh. Apart from this I have a burden of loans to the tune of another Rs.One and a half Lakhs but the interest rate is Rs.2/-per hundred. I live in my own house which belongs to my wife. Small portions are let out and we are able to manage household expenses with that. But once in six months , payment of property tax and water tax become heartbreaking? I must work hard to get at least Rs.10,000 to Rs.15,000 as monthly income so that I can gradually repay the loans and be happy and peaceful at the fag end of life. .Contributed by Mr. Samson, Chennai |
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