[Resolved] Shaha Finlease Pvt Ltd — Credit card settlement
Bangalore, Karnataka, India
I had been followed up by Shaha Finlease for a standard chartered bank credit card with number ([protected]) for a settlement amount of rs 25000/- and and which I settlement by making a payment of the same amount online to the online account provided by Shaha finlease. When the representative(Ramya) talked to me towards the settlement, she had informed that Settlement letter and No due certificate would be issued from Shaha Finlease immediately once the payment is done.
Now its past two weeks that Shaha Finlease is not sending the NDC and now when I had called them they are asking for another 20000 for issuing Nodue certificate and also to update the cibil status properly.
Due to this, I confirm that Shaha finlease is a fraud company buying the accounts from banks for 1% of the face value of the credit amount and trying to collect huge amount from customers.
This mistake happened with the bank by not issuing the proper statements and demanding huge amount of money in favor of interest and late payment fees.
Friends, be aware with this company before making any payment directly with them. Don't trust them, they are frauds.
I am in need of an advocate who can deal this type of cases against the non-registered financial institution.
Complaint marked as Resolved Jun 11, 2018
Verified SupportShaha Finlease Customer Care's response, May 11, 2018
We wish to inform you that the account is settled by you, in settlement process we can not provide you NDC letter.
For NDC letter you need to pay the balance charged off amount.
please feel free to call or write to us on further clarification.
Thanks and Regards
Shah Finlease Pvt Ltd.
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