I have accessed my CIBIL report , Came to know that , according to them i have applied for many banks and financial institutions for personal loan. According to that report i am credit hungry, in fact, i never heard of few of the financial institutions names mentioned in the report I raised a dispute , cibil got back to me and said that the institution's decision is not changed. The same thing happened twice in 2 years. I asked CIBIL to show me a proof that i applied for a loan,CIBIL says, they don't have and advised me to go and talk to the bank, when i go to the bank, they say we dont have such department. Even honorable courts listen to both the parties, consider the evidences available, refer to the law and then deliver the verdict. But CIBIL, whose report matters when a person is in financial help in the form of credit, simply prepare a report based on what institutions say. Despite they are not providing the proof of their( bank's claim) they are even not providing the point of contact in the bank/financial institutions.
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issue legal notice to CBIL on what basis they have given report that you are credit hungry . mention that you have not applied to banks for loan and tyo give you details the bank names wherein you allegeldy applied for loan
2) raise the issue with concerned banks .
3) request them to intimate CIBIl that you have not applied for loans as alleged
1. CIBIL record is created on the basis of the data provided by the bank/financial institution concerned. So, your solution lies in correction of record by the bank/financial institution. Convince them in person by getting your payment record by reconciling with their record, instead of emailing on the basis of your own general perception.
2. Send lawyer's notice to lender and CIBIL that tyou owe nothing, loan is not recoverable legally, their information supplied to CIBIL be changed. If the institutions do not solve the discrepancy then n a suit for mandatory injunction and damages can be filed in the civil court to correct the CIBIL score and also seek damages.
1. If there is anomaly then send a legal notice to CIBIL asking for removal of your name from the list of borrowers.
2. You also send notice to the bank asking for such information.
3. Both of them are lnot likely to redress your grievance.
4.In that event file a writ petition in high court to get necessary reliefs.
Even honorable courts listen to both the parties, consider the evidences available, refer to the law and then deliver the verdict. But CIBIL, whose report matters when a person is in financial help in the form of credit, simply prepare a report based on what institutions say. Despite they are not providing the proof of their( bank's claim) they are even not providing the point of contact in the bank/financial institutions.
On the basis of the CIBIL directives, you may first approach the banks or the financial institutions that have been named , get their reply in writing whatever it may be. Then you issue a legal notice to CIBIL stating that there had been no such incidence/event that you have approached any such institution on whose basis the adverse entry in cibil is reflected.You can attach the copies of the correspondences you have received from bank/financial institutions denying any such transaction to prove that there are no such transaction ever done by you with the companies that is reflecting in your cibil score.
The legal notice will be responded by cibil after which if need be you may proceed legally agaisnt cibil if need be.
