Asked by Eddy
on 09-05-2020 07:18:40
Question posted in the National Credit Act Law
category relating to Gauteng
Question value: R 100.00
I borrowed someone R100 000 and he said he will pay it back R25000 monthly for a period of six months once he start his business. It's a year a later and I have only received r1000 back and plenty of excuses. I don't know how proceed legally to obtain my money back and pay out the loan that I took out.
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Answer to the Question
Posted by Att. Patrick on 16-05-2020 18:45:27
I see that you haven't made a payment for the question, but I'm going to assist you a little. If you want to ask a follow-up question, please make the required payment.
You would need to sue him for the money back at the Magistrates Court.
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