CIBIL Score Report – Online CIBIL Defaulter List

cibil credit score reportCredit Information Bureau India Ltd, acronymed as CIBIL, is an organisation which was found in August 2000. They act as a credit rating agency for loan applicants in India. For this purpose they provide CIBIL score, just like FICO score in United States to help lenders in assessing the trustworthiness of the loan seeker.

For this purpose CIBIL collects and maintains details of the individual’s history related to loans and credit cards through banks and other creditors on a monthly basis. This information is processed through specialized algorithms to arrive at Credit Information Reports, which help lenders to assess the loan worthiness of the applicant.

Parameters on which CIBIL score is based

All the parameter on which your CIBIL credit score is based, are not a publicly announced by CIBIL. But it is widely believed that for getting a good CIBIL score you should have a good rating on the following parameters.

  1. How many instances of late payment/missed payments you have in the past
  2. Do you possess and maintain a large number of credit cards and loans
  3. Are you in a habit of utilizing your credit limits fully
  4. The proportion of unsecured debt to secured ones in your profile
  5. For how many borrowers you have acted as a current and for how much amount
  6. Do you frequently inquire about your CIBIL score
  7. The duration of your and un-tainted credit history
  8. How often you are able to settle your loan timely

CIBIL defaulter list

I have noticed that many people search the Internet to check whether their names appears in the CIBIL defaulter list. It should be noted that there is no such thing as CIBIL defaulters list. CIBIL only calculates the credit rating of the applicants based upon the past borrowing habits and instances.

Requesting CIBIL to remove your name from the CIBIL defaulter list is not going to do anything. Instead of wasting your time in requesting CIBIL to remove your name from CIBIL defaulter list you should concentrate upon improving your credit profile and paying your loans and credits on due date in due time and learn to live within your means.

5 Comments
  1. Hi,

    I have closed my personal loan account in Fullerton india I have applied for Personal Loan in Provate bank this week and my application got rejected since my CIBIL scoring is very low. I dont have any other loan defaults and i am not using any credit cards.
    THe below mail i have received from Fullerton:

    With reference to the request, we wish to inform you that your loan account for two wheeler loan is closed in the month of November and its status will be updated in CIBIL records by the end of November, 2012. Regarding CIBIL updation for personal loan, we wish to apprise you that as there was a waiver given to you on the principle amount while loan closure, hence we wish to inform you that your CIBIL status has been updated as “Post write off settled” as per their guidelines.

    Could you please let me know whther my score will be increased or remains the same if my status is “Post write off settled”.

    Please reply to my mail pushparaj.rs@gmail.com. Kindly let me know if any additional details required.

    Thanks,
    Pushparaj

  2. Hi Pushparaj,
    This is shakthi from debt doctor and i saw your complaints and i do understand your concerned regarding your written off status and to be frank if the status remains in your cibil report you will be not eligible to get any loans and also if your score is low you will faced a problem but not to worry we can help you to improve the scores as well and also we can guide to get the loan and you can contact me on :08030732246.

  3. Hi,

    We are Financial Legal Advisers. We render Financial Services to our clients regarding,

    · CIBIL Report Obtaining
    · CIBIL Report Clarification / Rectification
    · Bank Debt Re-Consolidation
    · Bank Legal Problems
    · Liaison for one time settlement with bank
    · Deal with NPA

    Contact details:

    · Contact Person :Ms.Ranjini
    · Office name : DEBT DOCTOR
    · Contact number : 080-30732247, Mobile:8904746772
    · E-mail: ranjiniv@debtdoctor.in

    NOTE:

    We are a professional partner to the CIBIL, we are private organization having legal advisers to tackle issues
    DEBT DOCTOR is INDIA`S first and only Retail Debt Management Company with NOC from RBI and ISO 9001:2008 Certification for Debt Management and Counseling. We are 3 years old with more than 70,000 Account Acquisitions & secure proper remedy.

  4. My application was rejected. Credit Sudhaar was my choice. Initially they were slow. But their counsellors were able to handle all my queries. I will give Credit Sudhaar a positive review.

Leave a Reply

Contact Us

Contact Page: Click here
Email: info@loancalculators.in
DMCA.com

Disclaimer

Lots of approximations and assumptions have been made while developing the calculators.

Please make your own calculations before making any financial decision.