Legal Question in Banking Law in India

hi sir,

my credit card has been suspended.So that i cant able to apply loan.i submitted my no due form also.but then also they are not accepting.pls ,suggest something


Asked on 4/09/16, 6:14 am

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

09.04.2016

Dear Sir / Madam,

I suspect your credit card has been suspended for non-payment resulting in your online Credit Information Bureau of India Limited (CIBIL) score rating being adverse, which is preventing your eligibility for any further loan. You have very little choice, but to repay and settle your credit card dues and clear your CIBIL score and rating to enable you to avail a loan.

Regards,

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Answered on 4/09/16, 8:20 am


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