How to Avoid Scams When Hiring a Financial Advisor to prevent harassment?

How to Avoid Scams When Hiring a Financial Advisor to prevent harassment?

Hiring a right financial advisor is an important and very crucial decision.Staying away from scammers might help you avoid harassment or other wrongdoing. Consider the following important steps: Verify the credentials of the advisor such as such as CFP (Certified…
Common Violations of RBI guidelines in harassment cases: What steps can you take to?

Common Violations of RBI guidelines in harassment cases: What steps can you take to?

The cases of harassment by agents are increasing nowadays. There are certain guidelines outlined by the RBI but these agents failed to follow. Steps to take in case of violation of RBI guidelines against harassment by agents: Whenever you face…
How to Work with an Anti-Harassment advisor to Stop Collection Calls?

How to Work with an Anti-Harassment advisor to Stop Collection Calls?

Recovery agent harassment involves the aggressive and often illegal tactics employed by debt collection agents to recover outstanding debts. This can include persistent and threatening phone calls, the use of abusive language, harassment of family members or colleagues, making false…
Choosing the Right Loan Settlement Advisor for Your Case

Choosing the Right Loan Settlement Advisor for Your Case

Loan settlement is a nuanced negotiation process between borrowers and lenders aimed at resolving outstanding debts. It involves reaching an agreement where the borrower pays a reduced amounttypically less than the total owedin return for the lender forgiving the remaining…
Recent Laws and Guidelines on Preventing Bank Harassment

Recent Laws and Guidelines on Preventing Bank Harassment

In India, the government and regulatory bodies like the Reserve Bank of India (RBI) have introduced various laws and guidelines to protect consumers from bank harassment, especially in the context of debt recovery, abusive practices by recovery agents, and unethical collection methods. Here…
Bank Harassment: How Financial Advisors Can Help

Bank Harassment: How Financial Advisors Can Help

A financial advisor can be a valuable resource when you're dealing with bank harassment, especially if the issue revolves around loan recovery, overdue payments, or financial management. Here's how a financial advisor can help you handle the situation effectively: Assessing Your Financial Situation…
How to File a Agent Harassment Complaint and What to Expect

How to File a Agent Harassment Complaint and What to Expect

Filing a complaint against harassment by a bank's recovery agent in India is a multi-step process, involving formal complaints to the bank, the Banking Ombudsman, or even the police, depending on the severity of the harassment. Here's a detailed guide…