Loan Moratorium: Credit card users shouldn't be given benefit of compound interest waiver, says SC

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https://www.timesnownews.com/amp/business-econo...

The apex court on Thursday said that Credit card users shouldn’t be given the benefit of compound interest waiver. SC said that credit card users aren’t borrowers, since they don’t have a loan, they’re purchasing. The top court disposed off petitions in which the petitioners are satisfied with compound interest waiver.

More fun awaited.
#creditcardusers

5 Comments  |  
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Deal Subedar
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Lo ho gaya ghata persevere

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Deal Subedar
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Iska matlab 10-20 Rs ka Ex Gratia reverse hone wala h.

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Deal Subedar
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5 rs to mile the, vo bhi gaye

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I also got some money in credit card even though i paid on time, Why did i get can anyone explain?

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InvestPotato wrote:

I also got some money in credit card even though i paid on time, Why did i get can anyone explain?

For paying ur bills on time during the moratorium period (during the lockdown)

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