We provide our credit counseling service of charge through appointments, either in person or over the phone. In these sessions, your designated credit counselor will conduct a thorough review of your financial situation, addressing your challenges and goals. We’ll present you with various options, address any questions or concerns you may have, and ensure you have all the information necessary to make the best decision for your circumstances. It’s possible that a single counseling session may equip you with all the insights you need, eliminating the need for further contact with us. We fully support this outcome and are pleased to have assisted you.
Good AND bad, everything stays on your credit file for 6 – 7 years, so time could be on your side if you’re trying to recover from past difficulties. If you’re curious to see what is on your own credit report you can obtain a copy for free. It will not affect your rating negatively in any way. Keep in mind that your score is not automatically provided with your credit report. It is separate and you will need to pay for hit. That said, if your credit bureau report is fine, your score will be too.
Inaccurate current balance
Inaccurate amount overdue
Incorrect personal details
Solution
- The first step of the solution is to obtain a copy of your CIBIL credit report from CIBIL. Once you get access to the reports, analyse the errors and initiate a dispute by filing a dispute resolution form that is available on the CIBIL website. One has to provide their name, address, date of birth, a control number when they file a dispute resolution.
- Days Past Due (DPD)- Days Past Due indicates the number of days a payment on that account is late that month. Anything other than ‘000’ is considered negative by the lender. If your DPD indicates anything other than ‘000’ it will mean that you haven’t met your financial obligations and this might create a negative impression on your financial record.
We Offer The Best
What we do
We offer a plethora of informative articles, tools, and free resources to empower our readers. Our goal is to instill awareness that viable options exist regardless of the complexity of your financial situation. With unparalleled content covering various topics such as debt reduction, student loan consolidation, real estate transactions, and retirement planning, we equip you with the knowledge needed to make informed financial decisions. Upon completing our form, we guide you towards a program tailored to your needs, whether it involves debt consolidation and management, student loan consolidation, or bankruptcy.
Every credit report must be analysed precisely by an expert to ensure that all loops are covered. We ensure that all the four credit reports are analysed and all solutions available for your credit worthiness are discussed with you.
We listen to your side pertaining to your credit report and credit profile and work on the solutions as per your unique needs. Your risk assessment in your credit report and profile will bring out unique solutions for improving your credit score and credit profile improvement.
We chart a plan that you select from the various solutions that have been discussed with you in detailed and then we also select a alternative plan in case of any unavoidable situation. We keep you informed about all the developments and at the same time expect you to keep us informed about the latest developments.
Written off Occurs when a loan becomes non-performing due to repayment difficulties.
By making frequent payments and paying before the due date, you can improve your score.
Post Written-Off (WO) Settled Loans resolved after being classified as written off.
Suit Filed Legal proceedings initiated by the bank.
Willful Default: Intentional refusal to make payments, declared as deliberate.
Hunter means when the individual has submitted any fabricated documents for obtaining the loan, its marked as HUNTER.
Know What and How?
If an individual has a bad credit history, their creditworthiness is impacted. Here’s the solution:
Maintain Effectively
We can’t wait to help you achieve your financial goals
Avoid Being a Guarantor: Acting as a guarantor on a loan means you’re responsible for the debt if the primary borrower defaults. This can severely damage your credit score if payments are missed, even if you’re not the one missing them.
- Don’t Close Old Credit Accounts: While it might seem logical to close accounts you don’t frequently use, doing so can shorten your credit history. A longer credit history generally looks better to lenders and can positively impact your credit score. Keep old accounts open, especially if they have a good payment history.
- Monitor Credit Card Activity: Regularly track your spending and review your credit card statements. This helps you stay on top of your finances, catch any errors, and quickly identify fraudulent charges.
- Strategic Use of Multiple Credit Cards: Using multiple credit cards can be beneficial for building a diverse credit profile and managing spending across different categories. However, avoid applying for too many at once, as multiple hard inquiries in a short period can temporarily lower your credit score. Space out your applications and only apply for credit you genuinely need and can manage responsibly.
Protecting yourself from financial fraud and maintaining a healthy credit score are crucial. Here’s how you can safeguard your personal information and manage your credit wisely.There are several types of loan application fraud, including income fraud, appraisal fraud, and occupancy fraud.
- Income Fraud: Misstating employment or income levels.
- Appraisal Fraud: Inflating property values to justify larger loans.
- Occupancy Fraud: Claiming a property will be a primary residence when it’s intended for rental.
- Liability Fraud: Hiding debts or obligations to appear more creditworthy.
- Identity Theft: Using stolen or fabricated identities to secure loans.
