I have applied for loan to Neogrowth Credit Pvt Ltd on 18th of june submitted all documents including cheques. They dint approve loand when i needed, but deposited amount in my account on july 4 without information. I only came to know loan deposit information on july 9th when i checked my account. I requested them to cancel loan as their charges higher than initial commitment. I filed complaint with them, after 40days their executives srikanth and shekar visited my office offered excess interest charges by cash and requested me to go ahead with the load as my complaint threatens their job. On july 22nd i agreed to accept load and signed on document, i requested them to adjust the cashback amount to my loan account which they havent update till. Im regularly paying sheduled amounts without fail, infact im ahead of repayments, no dues. But they kept my cibil rating negative, showing 1, 90.000/- overdue. I took repayment schedule from Neogrowth Credit Pvt Ltd, it missing two of my payments which is rs.95000/-. Calculating from loand accepted date i have paid more than 6.5lakh but their account showing only 4, 80, 000/-. When i showed bank statement with all payments made to neogrowth they agree company fault but not cleared me from cibil. Still they havent updated my credit report with cibil. As a result my personal loans applied to rbl, equitas and fullerton were rejected. And also a home loan rejected by dena bank citing negative credit report by neogrowth. I had to loose my rs.10lakh lost to builder which i have paid as advance, as i failed to make rest of the payments (Which i couldnt make due to loan rejection with all above mentioned banks).
Here im including neogrowth statement, my hdfc statement and negative credit report at cibil by neogrowth.
I contacted their neogrowth executives, visited branch and also sent complaint with statements by courier. Still no response from neogrowth. Ridiculous and responsive company and staff ruined my life, they almost made me a defaulter, created financial crisis.
My payments to neogrowth still up to date. They are receiving about 2 lakh every month as repayment, they received 1.5lakh repayment to them even after i made complaint to them about missing payments.
I request concerned authority to step in, take action against neogrowth and help me in this matter.
