POSTED BY May 7, 2013 7:52 am COMMENTS (6)ON
Dear Forum Members, I am happy to inform that have completed one Action Yesterday. Got my CIBIL report generated online, It was instantaneous. Thanks to Manish for educating me on CIBIL Report.
Coming to my question, my CIBIL scrore is 838. I have 2 credit cards (active) and 2 personal lons that are closed long back in 2008 and 2009. I have never delayed any Payments past the due date. All of the DPD entries ‘000’ expect for one closed loan where the banker has reported its as ‘STD’. Is this an cause for the reduced score? Just wanted to understand inspite of being regular why the score reduces?
Also another issue is that, there is an entry in the CIBIL report for a credit card from a bank, which I have not used at all. Also there are DPD entries for 4 months all entries are ‘000’ only. Should I correct such discrepency in the report or Is that fine as it has no negative impact?