Credit Card
Standard chartered bank card Settlement

Hi Sir,

I had Standard chartered bank Credit card till starting of 2007. I could not pay my actual purchases outstanding of around 38000/- Rs because of family financial problems. After few months, i paid 1- Rs. and stopped payment after that.

In december some one from bank called me and asked to do the settlement, after bargaining they came for 3- as one time settlement and promised me to give 1) settlement letter, 2) Zero wise statement and 3) remove my name in CIBIL records in 6 montsh time.

I got the settlement letter, but after that even after several follow ups i could not get the zero wise statement. i just ignored after that with my work pressure and other things.

The matter in the settlement letter is as below.

In view of circumstances, we are compelled to settle your above mentioned credit card accounts and are constrained to accept a payment of INR 32000 towards settlement against a total outstanding of INR 144448.

Now 1 week back 22/09, i receive call from some one, he told he is High court lawyer and asked me to make the immediate payment of 51000/- inorder to provide Settlement letter, No due certificate, remove my name from cibil records.

After speking to customer care people i came to know that he is not laywer, but some one from Sha finance.

I also got some time till tomorrow to come back to them for payment or furhter action

Please let me know what to do ASAP sir. I am frightened with his way of speaking.

Company: Credit Card
Country: India
State: Karnataka

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