Service
6158 Points
Joined March 2007
Dear Arvind,
At times there is mistake on the part of credit card provider, like wrong debits and at times of a significant amount. At times the credit card provider does not send statement of account(eg. SBI Credit Card).
The card companies offer hefty amount (as much as 30%) to recovery agents. This tempts the recovery agents to use all sorts of coercive methods (eg. calling at odd hours).