How do an individual clear inaccurate information in his/her CIBIL Credit Report?

How do an individual clear inaccurate information in his/her CIBIL Credit Report? (Cleanics)

Your Credit Information Report (CIR) plays a large part in the loan application process. Hence, any discrepancy in your CIR may result in reduced chances of a loan approval. Therefore, it is important that the information on your CIR is accurate and updated.

The CIBIL CIR consists of Consumer / Borrower Information, Account Information and Enquiries. If any information on your CIR is inaccurate or needs to be updated, we shall be pleased to assist you in rectifying / updating your CIR. You can raise a Registration online by clicking the link provided at the bottom of the page. This process is known as Cibil Clearance.

A Registration Request can be raised based on either a CIR purchased by you directly from CIBIL or a CIR accessed by the Credit Institution or We also provide detailed cibil report instantly, Just provide your KYC documents. When you have applied for a loan with that Credit Institution. Go through the types of inaccuracies of any errors enlisted in your cibil report to understand the various discrepancies that can be rectified.

http://www.cleanics.in/Cleanics_Forms/registratin.php

www.cleanics.in   8143102233,  Phone: 040-66102233

Cleanics Vision:

We create a win-win situation for both the consumer and the lender by ensuring ease access to credit for the consumer and improving the credit quality for the lender. It is in everybody’s interests to have a strong credit and where consumers understand the importance of maintaining a good credit repayment history. It’s therefore important for you to understand what we do, why we do it and how we work to benefit you as a credit repair consumer, the lenders and the wider economy as a whole. As the first Credit repair & Customer beneficial Company we are passionate about the benefits we can bring to India and are keen to de-mystify our operations.

Why CIBIL credit report is important & How to analyse Credit Score?

What goes into the loan approval process?

Getting your loan approved can be complicated process. Just go through the loan evaluation process to understand the critical role the CIBIL TransUnion score plays in getting your loan sanctioned.

Did you know 90% of new loans sanctioned are to individuals with a credit score of 700 and higher?

Your CIBIL CIR is provided to you along with your score, because it is the basis on which your Credit Score is generated. It's a record of your credit history. i.e past loans or credit cards availed from various loan providers. 

Why CIBIL credit report is important?

A CIBIL credit report contains all the details pertaining to your borrowing history and its repayment discipline.  
CIBIL credit report is very important nowadays because:

It contains your past and present credit history.

Banks and FI’s allow loan to a borrower on the basis of CIBIL credit report. A good credit score helps borrowers to get loans easily from banks.

You can inculcate financial discipline by analyzing the credit report.

It helps borrowers to avoid the debt trap.

You can stay away from extreme financial leverage by analyzing the credit report properly.

How to analyse Credit Score?

CIBIL’s credit score ranges from 300 to 900 points. A higher score close to 900 reflects good credit history i.e. lesser defaults in payment, no over leverage and disciplined repayment. A lower score close to 300 reflects bad credit history. Banks prefer lending to borrowers with high scores and 750 to 800+ points is considered as a good score.