Pending Bank loan
I have a pending bank loan of 27000Qar. I need to change my sponsorship. Unfortunately I could t find a job for last 3 months. But once I was advised to pay 6 months installment and having a travel ban. Now i received a call from capital police that I need to settle the remaining 27000Qar today. i have settled the monthly installments without failing. when I contact he bank they said if I go now to capital police I have to go with the money unless they'll lock me up in jail. I don't have source to pay it at once. What can I do now ?
Thank you all for your advice. The bank advised to give a gurantor till I get a job. BTW they're forcing me to clear my credit card (Qar.6000) as soon as possible. Is there any rule that I should clear it at once? Please advice..
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Thanks
Yes,
You can speak with the Manager of Recovery & Collection in the Bank. Tell him that you are expecting a job after that you would start the repayments. Therefore you are looking for some more months. Your amount is not big, so i hope they would accept.
It would usually depend on the mutual understanding between the bank and you, and also check about the security cheque which was provided by you...
Go to the bank - explain your predicament .. Also explain that you intend to pay once you get the job .. Ask them to defer payments and contact the police to lift the order