Ask Apnaloan
View Questions/Answers
| Posted On :- 14/09/2007 | |
| Question Asked :- | |
| I closed my ICICI credit card in 2006 without settlement, by paying an amount of Rs. 1, 20, 000. CIBIL is showing write off although the amount due is shown zero. I need legal help/services from Apnaloan.com to get the write-off remark removed from CIBIL and Satyam. (Sanjay) | |
| Answer :- | |
| 1) Approach CIBIL to get a copy of your credit report. This right is given to you by Credit Information Companies Regulation Act, 2005. Make the request officially in writing and get an acknowledgement. Details: CREDIT INFORMATION BUREAU (INDIA) LIMITED, Hoechst House, 6th Floor, 193 Backbay Reclamation, Nariman Point, Mumbai 400021. Call: +91-2266384600/22817788, fax:+91-22 66384666, email:info@cibil.com. 2) The report will outline what exactly is reported by the bank in respect to your credit account and enable you to take action, if there is any error in the reporting. Specific measures have been provided in the CICRA for the consumer to raise a dispute in respect of any wrong reporting with a time bound dispute resolution mechanism that has been built in. A sample report is available on ww.apnaloan.com for reference and guidance. 3) CIBIL is a credit bureau and not a bureau that maintains a list of defaulters only. It will necessarily disclose the facts regarding your credit history, like delayed payments in the past, dues settled without write-offs on the part of the bank. All potential lenders will have access to this information. 4) You can't erase the fact of delay in payment as it reflects the factual position. If the report wrongly mentions a write-off (when none has been done), you can use the dispute resolution mechanism provided in the Act. 5) You will find it difficult to get fresh loans. Elsewhere in the world, in similar situation, it might have been possible to get a loan from lenders who specialise in lending to people who have just come out of a bad credit situation. In India, such a class of lenders has not yet emerged. 6) If you are seeking fresh credit, try to improve your credit history by taking secured loans (such as a credit card against fixed deposit, loan against financial/real estate securities, jewellery). Once your credit history is rebuilt, you may be eligible for regular credit, albeit at a higher cost. | |
| Credit card query listing |
| << prev [ 1 ] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 next Last>> | ||
| Qid | Question | |
| 14141 | BALANCE3 TRANSFER IS IT GOOD? | |
| 14123 | Dear Guru I am in defaulter list of one credit card company by th | |
| 14031 | Pls recommend credit card having following features: - Low interes | |
| 14016 | facilites offerd by credit card | |
| 14002 | I have made all my credit card payments but a few times they got de | |
| 14000 | reward points encashing | |
| 13852 | I am persuing ICwa from Nagpur, living on rent basis. I am also doi | |
| 13840 | please send a detailed report on issue,maintenance,operation,repaym | |
| 13794 | dear sir, I got Interest for payed amount i would like to know the | |
| 13793 | WITHIN HOW MANY DAYS YOU CAN PROVIDE ME A CREDIT CARD | |
| 13776 | REF: BARCLAY CARD GOLD No.4339483989724614 SUB: STATEMENT NOT RECE | |
| 13771 | How to pay the credit card payment through online? | |
| 13738 | what is the extra benefit as compare to other credit card. | |
| 13703 | details about the credit card | |
| 13698 | Respected Sir, I m kaushal Mistry, Surat, I have a ABN AMRO Bank' | |
| 13677 | i want to know customer care no. in mumbai credit card for barclay | |
| 13661 | what is meanning of "sebil' (payment defalter list it s gos to seb | |
| 13660 | hello sir/mam my name is dhawal .i want to take credit card.i work | |
| 13654 | would like to lodge complaint against SBI Gold Card issues with red | |
| 13614 | which is the best credit card with zero percent interest rate | |
| 13574 | which is the best credit card to use in terms of lowest charges? | |
| 13570 | i had made one transaction only,bank has debited two transaction | |
| 13568 | HI MY MONTHLY INCOME IS Rs 40,000/-i.e.5,00,000 P/A . I NEED A GO | |
| 13559 | card # 5264685317298790,regd the my LIC bill payment option on 1st | |
| 13555 | Hi! I am Vikash Kumar Singh and had applied for the citi bank cred | |
| 13554 | My credit card due date was 21 september(Sunday). I have deposited | |
| 13551 | I have applied a credit card on line through loan 4 deal with icici | |
| 13515 | All details regarding Times Barclays credit card (Gold card) Life t | |
| 13514 | how to increase credit limit of my sbi card | |
| 13466 | IAM STUDENT I WANT CREDIT CARD,HOW TO APPLY? | |
| 13456 | what are the services provided by credit card companies in india by | |
| 13436 | what is credit card? features, advantages, dis advantages, credit | |
| 13419 | expiere credit card how to renew | |
| 13414 | what will be the consequenses if the credit card holder not paid h | |
| 13402 | what are the dacument required | |
| 13376 | What are the criteria and documentations required for apllying for | |
| 13337 | how to convert the purchase to EMI | |
| 13331 | wanted to know how much is the cash limit on my credit card & w | |
| 13317 | history, features, advantages, disadvantages,types of credit dard o | |
| 13289 | what is credit card? what are all the features of credit card in hs | |
| 13261 | i want to know more about credit cards? Just for my education | |
| 13243 | which card have minimum balance transfer fees | |
| 13234 | what is the advantages & disadvantages by using credit cards. | |
| 13125 | wrong billing and chargeng interest on top of that | |
| 13116 | eventhough i have not given any request for loan you yourself have | |
| 13086 | what area the basic requirements for credit card by which applicati | |
| 13081 | App One year back you issued one cradit card no.4718610000993239 th | |
| 13066 | my cradit card cant delivered on my residencial address can you hel | |
| 13013 | i was setteled some credit cards,now i will receive zeroised statem | |
| 12960 | i want a credit card at low rate of interest | |
| << prev [ 1 ] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 next Last>> | ||
Smart Apply
| Indian NRI |
| STD Phone No Ext |
|
|
| Date of Birth |
| I have read the Privacy Policy and agree to the terms therein. |
 |
