Hi,
I have a serious issue that should have been dealt long ago. I had two credit cards in the past that I stopped paying since 2009 and its shows on my cibil report as write off.
For Citi Bank I owe around 1,65,000 and Axis around 60,000.. Thats a lot of money, now even though I pay it all off will I be able to develop/build a healthy credit. How you do think I should go about my problem, will I be able to eligible for any loans in the future like home loan.
Please advise.