Date: 2009-07-21 22:12:18
Name: Rajat Sharma
Message:
City: Nagpur
Employement Status: Salaried
Date of Birth: 02-09-1985
Earning Members: 1
Dependants: 0
Net Salary: Rs. 30000
Assets
Property: Rented
Vehicle: Owned
Other Assets: Do not own
Card Details
Payment Due Status: M A D
Outstanding on Card: 100000
Payment Due Status: M A D
Outstanding on Card:
Query: I have an outsatnding of abouth 1 Lac on my credit cards due to negligence in payment/cash crunch. How can i clear the outstanding dues and improve my credit score?
Date: 2009-07-22 10:59:59
Message:
Dear Rajat Sharma
Ask the Bank to convert your Credit Card outstanding into EMI's, so that the burden of whole amount would be less on you.
Please regulate your expenses and get into a habit of saving a portion of your salary every month.
Prudence in expenses is the only trick.
Please revert with any clarifications on the above answer.
Date: 2009-07-22 22:53:30
Message:
THanks for the reply SIr!
I tried to convert to EMI's but they don't have a provision. Can you recommend any other measures?
any loans available for bad credit? or anyhting get my CIBIL rating improved?
Date: 2009-07-23 11:27:22
Message:
Dear Rajat Sharma
Try to take a loan from CitiFinancial,as they are offering Debt Consolidation loan to the Customer.
The only trick to improve Cibil rating is that one should pay there credit's on time whether it's a credit card payment or payment of any Emi.
Please revert with any clarifications on the above answer.