Incorrect Personal Information
Incorrect Personal Information
Misspelled names, inaccurate addresses, or incorrect contact information are some of the common errors
Negative Flags
Negative Flags
Written off, PO settled, Suit filed are some of the common negative flags. They can be fixed by making repayment to the bank. Post which, the status will be moved to closed. It is very important factor contributing to pulling your credit score down.
- Incorrect Personal Information: Misspelled names, inaccurate addresses, or incorrect contact information are some of the common errors.
- Negative Flags: Written off, PO settled, Suit filed are some of the common negative flags. They can be fixed by making repayment to the bank. Post which, the status will be moved to closed. It is very important factor contributing to pulling your credit score down.
- DPD: Date Past Dues: This records the number of days an EMI is paid after due date. If the borrower happens to fail to repay even on a single installment, the DPD will remain in your report for three years. Genuine DPDs entered cannot be removed. However, if there is a wrong mention of DPD, we can fix them.
- Closed Account errors: There might be errors in the closed credit card accounts that hampers your credit score. This happens due to not following the due courses involved in closing a credit card or even might be traced to company’s negligence. Some reports show Overdue even for Paidoff accounts.
- Duplicate entries: Duplicate reporting of the same account that can affect your credit utilization ratio and can impact your overall credit score. For example, you may see a credit card related entry twice which may lead to unnecessary complications.
- Identity Theft: Accounts opened fraudulently under your name and unauthorized credit inquiries can have an impact on your credit score. It is a serious issue that needs to be immediately prioritized and fixed.
- Outdated Information: Credit reports may sometimes contain outdated information, such as closed accounts still being reported as open or negative information that should have been removed after the required period.
