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I have taken a personal loan from Money Line Credit Ltd. I have paid total amount and there is no dues as on date as per their statement and clearance letter. But when I applied for a home loan, there was a over due amount showing in their CIBIL report. Hence my home loan application is kept pending / not processed. This has been informed to CIBIL also, but my requests are not considered at all. Can any body advise on this. Should I go to consumer forum on this. If so what will be the impact ?
Regards,
Ranga
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| MV Ranga Rao (Posted: Aug 5, 2011) |
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Very informative artice, Indeed CIBIL Credit Report and Credit Score plays an important role in credit decision. The score will also mature and become close to accurate over a period of time. I am sure the day isn't long when financial institutions will make a credit decision only on the basis of credit score!!
Regards
Aparna
info@rectifycredit.com
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| Aparna (Posted: Nov 20, 2010) |
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Very informative artice, Indeed CIBIL Credit Report and Credit Score plays an important role in credit decision. The score will also mature and become close to accurate over a period of time. I am sure the day isn't long when financial institutions will make a credit decision only on the basis of credit score!!
Regards
Aparna
info@rectifycredit.com
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| Aparna (Posted: Nov 20, 2010) |
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