Dear sir,
I am shiva prasad from Hyderabad.i have taken a personal loan in barckles bank. And I am not paying it since 10months because of some personal problems and more over I have lost my job
And to bring to ur notice I have very bad credit score of 515.
I also have a credit card from HDFC BANK and it was in over limit. I have paid the total amount now I am using it.and also paying full amount every month in time .but still I have not cleared my personal loan.collection guy is asking me to pay 50%of the amount and close the loan.is this a correct process.now I am ready to pay the total due amount.
Sir now my problem is how can I improve my CIBIL score.i want know banks update to CIBIL every month.if so if I pay the total amount and check my CIBIL score next month is there will be any improvement.kindly guide me.
Dear sir,
I am shiva prasad from Hyderabad.i have taken a personal loan in barckles bank. And I am not paying it since 10months because of some personal problems and more over I have lost my job
And to bring to ur notice I have very bad credit score of 515.
I also have a credit card from HDFC BANK and it was in over limit. I have paid the total amount now I am using it.and also paying full amount every month in time .but still I have not cleared my personal loan.collection guy is asking me to pay 50%of the amount and close the loan.is this a correct process.now I am ready to pay the total due amount.
Sir now my problem is how can I improve my CIBIL score.i want know banks update to CIBIL every month.if so if I pay the total amount and check my CIBIL score next month is there will be any improvement.kindly guide me.
Thanking you
G.SHIVA PRASAD
8008060077
Loans are not nice if you really dont need them.