Urgent Help Needed - Home Loan via Credit? Job Lost

71°
Critic
Budhe-Baba

Hi Friends,

My family member has NACH deduction due on 15-July for home loan of about 18K. Unfortunately the members has lost his job and is unable to pay from bank balance.

Is there any alternate way for him to pay via any credit method , because the NACH will him tomorrow morning around 6am.


Thanks in advance.

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Deal Cadet Deal Cadet
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Add money to paytm wallet and then transfer it to bank. There is an upper limit so you might need multiple accounts and will cost 2/3% of total amount

Critic Critic
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Paytm wallet has been frozen (credit freeze). So that option is not working. He has Kotak credit card, whose pin he changed today evening. Somehow that credit card is also not working. And Kotak customer care is not picking his phone.
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Deal Newbie Deal Newbie
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Try using Payzapp, use your own account, add money with credit card, transfer it to concerned person's bank account by paying 2.5% charge. If his/her card is working, create payzapp account for that person and do the same. Under no circumstances should you rely on Instant loan apps else lene ke dene pad jaega buri tarah debt trap me fas jaoge. Missing one payment won't cause as big of a trouble. Call the loan issuing company and ask for extension. They will freak out but nothing can be done. 
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