Hi,
I recently got my CIBIL reports, which is bad as it has only 626 points.
I have Closed 4 credit card in the past ( 2007 – 2009).
- SBI & HDFC has agreed that i don’t have due on them and they will amend the change in CIBIL and remove the status “settled”.
- Whereas Citibank mentioned the status as “Restructured Loan”, as i have converted my total dues in EMI & paid it off. When speaking to Citibank they said i don’t have any due and this status can’t be changed.
01. Is the term “Restructured Loan” affecting my scores? If so how could i go forward with this?
- Lastly, HSBC replied i don’t have any dues with them, but they won’t change the status from “settled” as i have settled the credit card.
02. How to go forward with this and get my cilib cleared from HSBS settled term.
Please help. I’m planning to go for home loan in this year; i want to improve my CIBIL score before i apply for the loan.