Budget Homes

Recently, I applied for personal loan in HDFC bank. After processing, the telemarketing executive informed me that, I am listed in CIBIL. She asked me that have I defaulted any previous loan?. I was confused I did not have any previous loan, it is my first loan in my life, which I applied to H

Credit card payment defaulters and Loan EMI payment defaulters. Both are listed in CIBIL. There should be difference between credit card defaulter and Loan EMI defaulters. Both should not be treated as same.

If a person defaulted in his Credit Card payment, he should not be denie

Loan can be given to CIBIL defaulters. If your CIBIL status is not cleared, you can avail loan. Your chances of getting a personal loan would be less without security. Loan against property may be possible to you. ICICI offers loan against property. ICICILAP.

You can also convince yo

CIBIL may be no more when SSN (Social Security Number) introduced. SSN will be holding your status. It include all the aspects of your personal details. CIBIL takes care of your Financial creditability or previous loan status. But it does not include your social status.

For Example: