'I Took a Loan From an NBFC. They Contacted My Office, And Cost Me My Job' | The Quint

In June 2025, Vivek (name changed to protect identity) had a medical emergency at home, for which he took a payday loan from an NBFC. To repay that one loan, he took out more loans. By December 2025, he was caught in a loan trap after he was unable to repay the subsequent loans due to their high interest rates. What followed were hundreds of threatening calls every day and frequent home visits from several recovery agents. One of the NBFCs, however, went a step ahead. They shared his loan details and the video he had submitted for KYC with his employer, which, he alleges, led to his termination. Watch Vivek’s detailed account of how a loan became harassment—and how recovery agents sidestep RBI-mandated rules. From exposing misinformation to delivering impactful human rights reporting, our newsroom has relentlessly pursued stories that drive change. We remain committed to asking the tough questions — and we'd love for you to be a part of our journey. Become The Quint’s member and make your support count: https://bit.ly/4j8x6uy For more videos, subscribe to our YouTube channel: https://bit.ly/4gIyCln --------------------------------------------------------------- Visit our website for more stories: https://www.thequint.com Check out our Special Projects: https://www.thequint.com/special-projects Subscribe to The Quint’s exclusive newsletters: https://thequint.substack.com/ --------------------------------------------------------------- Follow elsewhere: » Join us on WhatsApp: https://whatsapp.com/channel/0029Va5ysvjAe5VqBKRhgv2G » Instagram: https://www.instagram.com/thequint/ » LinkedIn: https://in.linkedin.com/company/thequint » Twitter: https://x.com/TheQuint » Facebook: https://www.facebook.com/quintillion/ --------------------------------------------------------------- Video: The Quint