Housing loan problem due to credit card, cibil report
Dear all,
I am suresh, working in a MNC in chennai, has been facing lot of
problems regarding housing loan. but I was so much puzzled with the system that I thought getting a lottery is an easy task rather than understanding the indian
credit system.
was told that I am having a poor credit
history so my loan was declined. I asked dhfl bank to
tell me the reason atleast, but I was informed by them that its
against credit cards and they have no clue except the name of bank. I
requested them several times but they said that CIBIL report doesnt
have details. I tried to convince him that "The way credit card
companies entered and did business that was really pathetic and it was
really horrible". And it would not be a right way to judge one's
credit worthiness. We all know how credit cards were made and it was
such a fuss that consumers were finding that they had never used
credit card against which dues have accumulated to a huge account. I
contacted CIBIL and spent lot on STD as CIBIL doesnt have a chennai office. I was really surprised that I had no right to know my details
in the CIBIL. I gave them my PAN no. and other details but they simply
denied and informed me that they cant share it. I really didnt know
what card which bank etc were against me. But somehow after lot of
persuasion and visiting dhfl office I got to know the CONTROL
NUMBER. Then I was told that I was having 2-3 credit cards. One I
remember was a free card for first year, and payable for latter
period. I discontinued the card and informed on customer care but I
was told after a long time that I have huge amount to pay against that
card. Other was the one, which was misused. And on my request for
CHARGESLIPS, bank denied it stating that its against their policy. I
told them that I would make the whole payment (once they provide me
chargeslips) and fight the case against consumer court but nothing
going without chargeslips. But bank didnt settle that amount at that
time. But after a year they made the settlements. I had to make
settlements for 4 of my credit cards. I have all those papers,
settlement letter and payment slips in which it is stated that no
outstanding in my name against those banks. Needless to say that these
all were PRIVATE BANKS. There is one more credit card which is lying
with the bank itself and it also had some dues of 3-4 thousands. But
fortunately bank accepted that this credit card was never delivered to
me and its with them so they claimed that they have ZEROED that
amount. But while processing the loan I was told that I was having
problems with this card as well.
Now my question is simple, if being so much educated about banks and
internet, it is so difficult for me to understand the system and fight
for my own justice, how difficult it would be for a person who is not
familiar with banking system and internet. Once the settlement is
made, how can you state that a customer was guilty??? Settlement was
made due to disputes, and how can CIBIL state that consumer was
guilty. Then I was told by CIBIL that CIBIL report is neither positive
nor negative. But I ask RBI officials how many nationalised bank
officers have sense to analyse CIBIL report. How can a bank state
Overdue after settlement??? I think if indian consumer's credibility
is not good then i would say that private banks credibility regarding
CREDIT CARDS was horrible. If RBI had to put this CIBIL policy there
should have been a time frame like it was implemented from
etc. First they would have put checks on these companies for
providing credit cards than it would have implemented this policy. I
am having 2 loans at present Car loan and other personal loan both
having a good track record. But I am really sad to state that I was
forced to go to Private banks for both the loans. I WANT TO USE
NATIONALISED THINGS AS I DONT HAVE TRUST ON PRIVATE BANKS BUT I CANT.
Can anyone help me?? Even if you have settlement letters and all
details, you just cant change the CIBIL record of yours, for the
simple reason that you need to get it cleared from BANK. Just tell me
why a private bank would do, once they have made the settlements and
extracted the money from consumers?? Had i been told regarding CIBIL I
guess I would have never settled. Its like I have paid money and still
in same place.
Now I have applied for housing loan and already paid 4 lacs from my
own pocket as an initial amount. Now I am struck with the same
problem. My loan was declined from a Nationalised bank. Though I have
provided all the papers but being a nationalised bank, officer says
that he wants to get it cleared from CIBIL. I am really very puzzled
as I dont know what to do and how to proceed?? Private banks are
ready to offer me loan but I wanna go for nationalised bank. Can any
one help me???
Why cant individual have direct approach to CIBIL if they have letters
and everything atleast things should be updated on their requests.
Regards
suresh
9841572079
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