NEED HELP

POSTED BY Abhishek Kumar ON March 5, 2013 11:49 am COMMENTS (4)

Hi,

I  got my CIBIL reports, which  has only 621 points.
I have Closed 2 credit card in the past which is mentioned below,I am not able to understand what is it showing,is it ok or I should do something more on that.
SBI CARDS

STATUS
VALUE OF COLLATERAL – SUIT FILED / WILFUL DEFAULT –
TYPE OF COLLATERAL – WRITTEN-OFF STATUS POST (WO) SETTLED
WRITTEN-OFF AMOUNT (TOTAL) –
WRITTEN-OFF AMOUNT (PRINCIPAL) –
SETTLEMENT AMOUNT

Barclay Credit card

STATUS
VALUE OF COLLATERAL – SUIT FILED / WILFUL DEFAULT –
TYPE OF COLLATERAL – WRITTEN-OFF STATUS POST (WO) SETTLED
WRITTEN-OFF AMOUNT (TOTAL) 31,720
WRITTEN-OFF AMOUNT (PRINCIPAL) 7,744
SETTLEMENT AMOUNT 12,700

Kindly provide your valuable sugesstion on that.

Thanks
Abhishek

4 replies on this article “NEED HELP”

  1. ashish mine says:
    March 7, 2013 at 6:00 pm

    I had a similar problem with CIBIL. I got in touch with Credit Sudhaar( http://www.creditsudhaar.com ) The entire experience was a pleasure, the price was right, the counsellors were always courteous and well informed.
    26788717
    9773613543

    Reply
  2. Ashal Jauhari says:
    March 5, 2013 at 1:43 pm

    Dear Abhishek, instead of calling, first recall on our own what was the situation of your Barclys card when you stopped it. If you thing, nothing was pending on you, simply file a dispute with CIBIL.

    Thanks

    Ashal

    Reply
  3. Abhishek Kumar says:
    March 5, 2013 at 1:03 pm

    Dear Ashal,

    Thanks for your prompt reply, I called to barclay office Nehru place,the person who picked the phone told me that the creditcard issue is looking care by Kodek Mahendra now and he gave the no. 02266054042/43.I called on this no. after providing me details of creditcard,DOB,PAN card no and my name, she told me that there is no outstanding showing on there end,after sharing the information of CIBIL,she told me to contact Barclay Bank.I again to call Barclay Nehru Place office,he give me another no.(124) 675-2222 but it saying that please check the no.I just stuck what to do.

    Thanks
    Abhishek

    Reply
  4. Ashal Jauhari says:
    March 5, 2013 at 11:57 am

    Dear Abhishek, from your post it seems your SBI credit card was ok but Barclays Card is creating problem. Please contact Standard Chartered bank (it purchased the business of Barclays in India). Pay the total amount outstanding to you. Get a no due certificate from S&C & then ask there to update your status into CIBIL. Please wait for at least 1 month & after that apply for your CIBIl report again. If this Barclays entry still remains same, file a dispute with CIBIL & on your behalf, CIBIL ‘ll get it updated from S&C. Your Score ‘lll improve after this whole work.

    Thanks

    Ashal

    Reply

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