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Harsh Roongta

Harsh is CEO, Apnapaisa Private Limited. He is counted among India's foremost personal finance experts. After a successful entrepreneurial stint and an equally impressive career at ICICI, Harsh co-founded Apnaloan.com in 2000, in partnership with other accomplished industry professionals.
Apnaloan.com has since become part of the larger Apnapaisa Private Limited. His knowledge of the minutiae of personal finance products be it loans or insurance, has successfully driven the Apnapaisa ethos - that of a comparison site bar none.
His ability to perceive the less-than-obvious angle on a story stands him in good stead while answering queries - on the Apnapaisa portals, online chats, or on his regular appearances on the major TV channels.
When it comes to personal finance, Harsh has been the go-to guy for quotes and opinion for all major newspapers for quite some time now. While dispensing eminently practical wisdom, he has succeeded in taking time out to co-author The Complete Home Loan Guide, a popular guide to home loans.

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Date : 9 Mar, 2009

Question

Hello Sir, I have some concerns regarding the information in the CBIL report generated for me. A couple of months ago, I applied for a personal loan. My loan was refused stating that I have outstanding amount on multiple credit cards and also a two wheeler loan. This is not true I have paid the vehicle loan completely and cleared the big portion of credit card amounts which were outstanding. But this information is not updated in the CBIL Database. When I contacted the concern banks, they say that they have updated the information and it reflected in the Bank statement. Could please advise, what should be done now?

Answer

If you have the statements that shows that you have paid the entire amount and that no outstanding is left and there is a discrepency in your credit report, then you can make a complaint on the banking ombudsman website.

View Questions/Answers


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