Loan Defaulters, Debt Collectors and those caught In-Between...
I recently read a story about lenders adopting intimidating techniques on loan defaulters, no thanks to the precarious economic condition in India for the last few years, now conveniently explained away by the government as the fallout of the COVID-19 ScamDemic. Well, despite not being a loan-taker, my car instalments being paid 10 years back, I still found myself on the receiving end of such harassment several times. The first started when I added a friend's wife on Facebook, who had apparently defaulted on a car loan more than a decade back and fled town. The recovery agent followed her FB account as it had no privacy settings, next found my phone number from a job site where they were registered as an employment agency and unleashed 24-hour harassment via intimidating calls demanding her number and address. He even cited my home address, threatening to come over physically. It took me a day to discover that they got my contact details from the India job site www.Naukri.com