App Loan Debt Relief

Settle Your Moneyview Loan Legally

Facing arbitration notices or harassment from Moneyview agents? We help you negotiate a One Time Settlement (OTS) and close your loan for a reduced amount.

Get Settlement Help +91-8700343611

About Moneyview (Whizdm Finance)

Moneyview is one of India's most popular instant personal loan apps. It is operated by Whizdm Finance Pvt Ltd, an RBI-registered NBFC. Moneyview also partners with other major lenders like DMI Finance, IDFC First Bank, and Aditya Birla Capital to disburse loans.

While getting a loan from Moneyview is quick and paperless, the repayment terms can be strict. The interest rates are often higher than traditional banks, and the penalties for missed payments are severe. Defaulting on a Moneyview loan can lead to a barrage of recovery calls, legal notices, and even arbitration proceedings initiated by their lending partners.

If you are overwhelmed by Moneyview debt and harassment, AMA Legal Solutions can help. We specialize in handling digital lending cases, protecting your privacy, and negotiating a legal One Time Settlement (OTS) to close the loan for a reduced amount.

The "Instant Loan" Trap

The convenience of app-based loans often comes with hidden costs and risks. Here is what borrowers typically face:

Sky-High Interest & Penalties

Moneyview loans can have an Annual Percentage Rate (APR) of up to 36%. If you miss an EMI, they charge a "bounce fee" (for the failed auto-debit) plus "overdue charges" that are added daily. A ₹50,000 loan can easily turn into a ₹80,000 debt within a few months of default.

Privacy Invasion

Some recovery agents may try to access your contact list (if you granted permission) and call your relatives or colleagues. This "shaming" tactic is illegal under RBI's Digital Lending Guidelines, but it is still commonly used to pressure borrowers.

Stopping Recovery Harassment

Know Your Rights

Moneyview recovery agents must adhere to the RBI's Fair Practices Code and Digital Lending Guidelines.

Illegal Tactics We Stop:

  • Contacting References: Agents cannot call your friends, family, or colleagues to shame you.
  • Abusive Language: Threats, abuse, and intimidation are strictly prohibited.
  • Odd Hours: Calls are only allowed between 8 AM and 7 PM.

We send a legal notice to Moneyview demanding they stop these illegal activities immediately.

One Time Settlement (OTS) Solution

OTS is the best way to exit the debt trap. It involves paying a negotiated lump sum amount to close the loan account permanently.

Why Choose OTS?

  • Waiver of accumulated interest and penalties.
  • Immediate stop to legal actions and calls.
  • Complete closure of the loan.
  • Peace of mind.

Our Success

We negotiate aggressively with Moneyview's legal and settlement teams. We typically achieve settlements at 40-60% of the total outstanding amount, depending on the case.

Why Choose AMA Legal Solutions?

Protection

We shield you from harassment and handle all communication with agents.

Savings

Our negotiation strategies maximize your savings on the settlement amount.

Legal Defense

We represent you in arbitration and court cases effectively.

Our Settlement Roadmap

Step 1: Loan Analysis

We analyze your Moneyview loan statement to calculate the actual principal received versus the inflated interest and penalty charges.

Step 2: Legal Intervention

We send a formal legal notice to Moneyview/Whizdm Finance, stating that you have legal representation. This stops them from contacting you directly.

Step 3: Harassment Protection

If agents continue to harass you or call your references, we file a complaint with the RBI Ombudsman for violation of Digital Lending Guidelines.

Step 4: Negotiation

We negotiate with the lender's settlement team. We present your financial hardship and push for a maximum waiver on the outstanding amount.

Step 5: Settlement Agreement

We obtain a formal Settlement Letter from Moneyview. We verify the amount, the due date, and the closure terms to ensure there are no loopholes.

Step 6: Closure & NDC

You make the payment directly to the lender's official account. We then ensure the loan is closed on the app and the 'Settled' status is updated in your CIBIL report.

RBI Digital Lending Guidelines

You are protected by specific RBI rules for digital lenders:

  • Data Privacy: Apps cannot access your contacts or gallery.
  • Fair Recovery: Agents must follow a code of conduct.
  • Grievance Redressal: There must be a Nodal Officer to handle complaints.
  • Cooling-off Period: You have a right to exit the loan within a specific period.

Impact on CIBIL Score

Settlement results in a "Settled" status on your credit report. This does lower your score.

However, it is a necessary step to stop the debt from growing and to avoid legal complications. A "Settled" status is better than "Written Off".

You can rebuild your score to 750+ within 12-18 months by using a secured credit card and maintaining good financial discipline.

Rebuilding Strategy

  • Obtain NDC from Moneyview.
  • Check CIBIL report for update.
  • Apply for a Fixed Deposit backed credit card.
  • Pay all bills on time.

Required Documents

  • Loan Account Number (from App)
  • PAN Card & Aadhaar Card
  • Loan Statement / Screenshots
  • Legal Notices (if any)
  • Proof of Financial Hardship
  • Bank Statements (Last 3 months)

Real Success Stories

★★★★★
Settled Moneyview Loan

Arbitration Threat Stopped

"I received an email about an online arbitration hearing from Moneyview. I was scared I would lose the case. AMA Legal Solutions represented me in the online hearing. They challenged the interest charges and negotiated a settlement of ₹45,000 against a demand of ₹90,000. They saved me from a court order."

K

Karan Malhotra

Sales Executive, Mumbai

★★★★★
Stopped Harassment

Peace of Mind Restored

"Recovery agents were calling my school and harassing the staff. It was humiliating. I contacted AMA Legal Solutions, and they sent a strong legal notice to Moneyview about the privacy violation. The calls to my workplace stopped immediately, and we settled the loan peacefully."

S

Sneha Gupta

Teacher, Delhi

Moneyview FAQs

Frequently Asked Questions

Get clarity on settling your Moneyview personal loans.

Yes, if you are unable to repay your Moneyview loan due to financial difficulties like job loss or medical emergencies, you can opt for a One Time Settlement (OTS). This allows you to close the loan by paying a reduced amount.
Moneyview and its lending partners (like Whizdm Finance) often send legal notices for arbitration or Section 138 (cheque bounce) if you default. While many threats are pressure tactics, they do initiate actual legal proceedings in some cases. It is best to have legal representation.
Yes, Moneyview employs third-party recovery agencies who may visit your home or office. However, they must follow RBI guidelines. They cannot harass you, use abusive language, or visit at odd hours. If they violate this, we can take legal action against them.
For unsecured personal loans from Moneyview, settlements can typically be negotiated at 40-60% of the outstanding principal plus interest. The exact amount depends on the delinquency stage and your ability to prove financial hardship.
Yes, the account will be marked as 'Settled' in your credit report. This will lower your score temporarily. However, it is a better option than a 'Written Off' status, which causes long-term damage. You can rebuild your score over time.
No. Harassing your references or contacts is a strict violation of RBI's digital lending guidelines. If Moneyview agents are doing this, we can send a legal notice to stop it immediately and file a complaint with the RBI Ombudsman.
In a settlement, we negotiate for a complete waiver of penalty charges, late fees, and a significant portion of the interest. You usually pay a reduced principal amount.
You need your loan account number (from the app), PAN card, Aadhaar card, and proof of financial distress (e.g., termination letter, salary slip showing reduction, or medical records).
Never pay cash to a recovery agent. Always make payments directly to the Moneyview or lending partner's official bank account through the app or online link, and only after receiving a valid settlement letter.
Whizdm Finance Pvt Ltd is the RBI-registered NBFC that operates the Moneyview platform. Your loan agreement is technically with them or their other lending partners.
Loan default is a civil dispute, not a criminal offense. Police cannot arrest you for not paying a loan. However, if a cheque bounces, a case under Section 138 can be filed, which is a criminal offense but bailable.
The negotiation process usually takes 2-4 weeks. Once the settlement amount is agreed upon, you will be given a specific date to make the payment.
A lawyer acts as a shield between you and the aggressive recovery agents. We handle the legal notices, stop the harassment, and use our knowledge of RBI laws to get you the best possible settlement deal.
It will be difficult to get unsecured loans immediately after settlement. You should focus on rebuilding your credit score using secured credit cards (FD backed) for 12-18 months.
Do not ignore an arbitration notice. It means they have appointed a judge (arbitrator) to pass an order against you. We can represent you in these proceedings to challenge the claim and push for an amicable settlement.

Resolve Your Moneyview Loan Today

Stop the harassment and get a legal settlement.

Book Free Consultation Call: +91-8700343611

We Serve All States & Union Territories

Our loan settlement services are available across all states and union territories in India