Hi,
First of all thanks to you for helping the persons for making them better future. However I have also one query, I am sure you can help me.
I had one HSBC credit card in 2007 and due to some bad condition I was not able to pay the outstanding of my card. However after 2 years in 2009, I did settlement with Bank, And they sent me email that now outstanding is Zero for this card and stated that they dont issue Hard Copy of NOC and I can consider this email as NOC Certificate.
Again in 2008, I got one more Citi Bank Credit card which I am still using even after 4 years with regular bill payments. However before one year I applied for one more SC credit card and it got rejected with reason bad cibil score then I know about Cibil and Credit Score. So I decided to be regular on other citi bank credit card which I am still doing. However after that I applied loan for AC, Washing Machine which got approved and I paid those 2 loan without any delay and it got completed. But my question is when I checked my Cibil Scroe last week, it’s not improving as per my expectation it’s only 722. And Status of HSBC is Written off Settled.
Can you please guide me if in this case can I get home loan. OR can you please suggest me how I can improve my cibil score to 800.
Is is mandatory to pay the full amount of HSBC credit card for making my status from settled to Blank? BUT I would not be able to pay the full amount because it too high.
Can you please guide me ?
Thanks,
Deepak