Future at risk - advise

Dear Sir,

You can contact the credit grantor from whom you have availed the loan and request the necessary changes. The credit grantor will then report the change to CIBIL.

However, in case of default in the said procedure on the part of credit grantor, you can move a complaient to the concern banking ombudsmen. kindly take care that your have written records of the said proceeding. 

CIBIl report has various options as you can see from their sample at their website.

The report is recorded/updated by CIBIL as per the data and information supplied by the member bank to CIBIL.
 

At the time of making payment you should have pressed for issuing you a copy of your CIBIL report by apying a fee which is set at a maximum of Rs.50/- only and the bank has to supply it to you.The bank  has to confirm what is their fee.You should have negotited for a clean CIBIL report before making the payment.

If you had done that you can claim unfair practice by the bank.

For correction you may ask the banks and do not fotget to obtain the copy of your credit report of CIBIL and it should be as it suits you.

Thanks for your post & advice.

www.451jokes.com

Some of the banks even after entering in to settlement of dues and acceptance of money

still sending reminder statement instead of  closing accounts at their end and sending reminders

ignoring their own settlement