I have given SC credit card when i joined an IT company. I made very first transaction by purchasing Rs 5000.00 merchandise, they have sent credit call bill statement at date date which was last date of submission further more they sent follow-up stalemates to pay with additional interest.

I said this not my mistake, i can settle principal amount any time but I’m not willing to pay interest sum , as this is cheating.

Now after 2-5 years i got call from SC bank stating you need to clear you due by paying full payment with interest(which 7-8 times principal amount) years on. for sure they have put my name in CIBIL.