How can a consumer come to know whther he is listed defaulter of not. india?

Question

How can a consumer come to know whther he is listed defaulter of not. india?

Answer 1

now a days banks and Financial institutions are taking Information Technology help to let consumers know their status of payments...and one gets reminders thru any mediums ...whether its call centre or SMS based ..but the best way that u approach the repsected authorities ..before its too late... but don't worry no one can pick ur car ( if ur car loan defaultor ) ..and no goons will harass u..even if ur defaultor..but u better approach fast..

Answer 2

Before listed as a defaulter, the consumer will get alerts by phone or SMS or by e-mail, from the lender. This intimation will also gives the last date to clear the out standings, with or with out penalty. This is followed by a default notice, which normally will the final and bonding.