POSTED BY January 29, 2013 11:55 am COMMENTS (4)ON
I checked my CIBIL Score yesterday after a request for personal loan was rejected. It is a very low score of 542. I am surprised because, i do not hold an other loans, I have been in the same company for over 10 years, and my credit card payment is only due on Feb1st with a mere 10K. THen i realised that I had a Barclay Card which stopped its operations in india and had a collection agent collect an outstanding of a mere 2.2K, which i tried paying last April with one late payment fee, but the payment came back. The CIBIL report says that this has been written off. I think this has been the very reason that the score is low. Is there any way to change this. I might require financial assistance, this year as I am planning to buy a house. PLease help.