returning to India and have loan

ohm

New Member
hi,
I have very good job here and recently I have got very good job in India. I am on H1-B visa right now. I am thinking to go back to India but I have outstanding credit cards loan. I can\'t pay all amount in such a sort period of time.
Please advice me what to do?

Thankx
Ohm
 
Are you planning on coming back?

If yes, do pay as much as you can and mail the rest later. If you\'re not planning on coming back ... hey, do more purchases and go home. You\'ll have a bad credit history, but who cares about that in India?! Have fun.
 
Bad Credit History....

Sure, you\'ll have bad credit history for one, and the image of your country and H1B visa-holders in general will deteriorate further and other H1B holders and your countryment will pay the consequences by getting their loan/credit card applications denied and they will all be suspect!

Is that what you really wanna do ?

Do the right thing. Pay whatever you can, and pay the balance later as and when possible. Talk to your financial institution if any arrangements can be made. And do some hard thinking before getting into debt traps resulting from your (reckless ?) spending!

brat
 
No Title

My job in Mumbai may requires to visit US frequently.
Will my bad credit be a problem to enter US?
 
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