Hi,
I had default with credit cards and personal loans for almost 2 years and then I cleared all the outstanding dues by paying huge amounts. I did not go for settlements, but I cleared entire outstanding to improve my CIBIL score. After 1 and half years my score improved to 741 (November 25, 2013 report) and it was 500 before paying the dues.
I also got an instant credit card 4 months back in ICICI for fixed deposit and I’m paying that ontime. But still banks are not giving me loans and my car loan was rejected by HDFC yesterday. I’m looking to buy a home now and I want to know what are the chances of getting home loan. I’m planning to apply in DHFL. Please help me clear these doubts.
Thanks,
Anand