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Author: Tpt_apoorvaa

Write-Off in CIBIL Report: Does It Mean Your Loan Is Waived?

“My bank has written off my loan. Does that mean I no longer have to repay it?” A customer recently raised this question after noticing “Written-Off” against a loan account in the CIBIL Report. The customer

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Does Loan Rejection Affect Your CIBIL Score? Understanding Hard Enquiries and Repeated Applications

“My loan application was rejected by the bank. Will this loan rejection affect my CIBIL Score?” This is a common concern among borrowers, particularly when they are planning to approach another bank immediately after receiving a

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Wrong Ownership in CIBIL Report: Can a Guarantor, Joint or Individual Loan Status Affect Your Credit Profile?

“The loan is related to me. The lender is correct. The loan amount is correct. Even the account details are correct. But the ownership shown in my CIBIL Report is wrong. Does it matter?” Yes, it

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Why Is My CIBIL Score Going Down Even Though I Pay All EMIs on Time?

“My EMI is regular, so why is my CIBIL Score still falling?” This is a question many borrowers ask after checking their latest CIBIL Score. They may be paying the home-loan EMI on time. The car-loan

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Suit Filed in CIBIL Report: What Does It Mean and Why Can It Still Show After Loan Repayment?

Suit Filed in CIBIL can be particularly confusing when a borrower has already repaid the loan and the current balance is showing as zero. A common question is: “I have already paid the bank. My outstanding

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CIBIL Score vs CIBIL Rank: What Is the Difference for Individuals and Businesses?

CIBIL Score vs CIBIL Rank is one of the most important distinctions to understand when discussing personal and business credit. Imagine a business owner whose personal CIBIL Score is 800, while the business has a CIBIL

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750+ CIBIL Score but Loan Rejected? Why a Good Credit Score May Not Be Enough

A 750 CIBIL Score is generally considered a strong starting point when you apply for credit. But having a score above 750 does not guarantee that a bank will approve your loan. This surprises many customers.

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Why Is Your Credit Score Different Across CIBIL, Experian, Equifax and CRIF High Mark?

Different Credit Scores across CIBIL, Experian, Equifax and CRIF High Mark do not automatically mean that one of your credit reports is wrong. The same person can have a relatively strong score with TransUnion CIBIL and

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Hard Inquiry vs Soft Inquiry: What Is the Difference and How Do Credit Enquiries Affect Your CIBIL Report?

One of the most misunderstood sections of a CIBIL Report is the Enquiries section. A customer checks the report and suddenly notices: Bank A – Personal Loan Enquiry Bank B – Credit Card Enquiry Bank C

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Can a Bank Reject Your Loan Due to Settlement, Write-Off, Overdue or Suit Filed in Your CIBIL Report?

A common situation I have observed is that a customer approaches a bank for a loan and is told: “There is a negative entry in your CIBIL Report, so we cannot approve the loan.” The entry

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