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CIBIL and its role in credit risk management
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
MV Ranga Rao (Posted: Aug 5, 2011)
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
Aparna (Posted: Nov 20, 2010)
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
Aparna (Posted: Nov 20, 2010)



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CIBIL and its role in credit risk management

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