Resolution of cibil disputes

Cibil score is one of the most important decision criteria used by banks for sanctioning a credit to a borrower. It is a 3 digit score that varies between 300 and 900. It is one of the most trusted credit scores that is used by all of the banks and NBFCs around the country.

It is very important to regularly check your credit score from time to time. Sometimes, you might find a information on your report that is wrong or not right according to you. In this case, you need to approach cibil for raising a dispute with them providing all details. If your dispute is found to be genuine then it would be reflected in your updated score.

Your cibil score is one of the most important criteria used by banks for your loan appraisal. Cibil score is a 3 digit score that varies between 300 and 900. It is a score that showcase your behavior towards past debts and how have you handled repayment of loan in the past. It is very important for an individual to get a cibil rating of his own to make sure that nothing wrong is mentioned on your report. You can easily get your cibil score from cibil’s website with a minimal fee payment.

There can be some information that are wrongly mentioned in your cibil report. There can be information that might not directly impact your cibil score like address, name, surname etc which might be wrongly mentioned in your report. It is very important to rectify these mistakes. In case, you find that some loan or credit card account credited to your account then, you should raise a dispute with cibil.

The article on LoanKuber.com made me inform about impact of foreclosureon cibil score of an individual.This article onhttp://www.loankuber.com/content/cibil-score/resolution-of-cibil-disputes/proved to be very informative and beneficial to me and if you are a fellow borrower you should definitely give this article a read.

It is more or less a nightmare for a person to have a bad credit report.