Card settlement

[Samar jeet singh]

Maine 4 year phle hdfc ka card settlement kia tha.. kya wo ab bhi cibil me effect krega.. please give proper ans. And what i do next.

 

[Samar jeet singh]

Any one tell me pls

 

[vaibhav111vaibhav111 is verified member.]

Maine 4 year phle hdfc ka card settlement kia tha.. kya wo ab bhi cibil me effect krega.. please give proper ans. And what i do next.

pls elaborate.. so hdfc settled due of your then what happened. what it show in cibil?

 

[Samar jeet singh]

Setteled .but i want to know that..i have settled this card 4 years ago.. now..if i uave apply for personal loan..this is effect in cibil or not

 

[Cosmicgaze]

Setteled .but i want to know that..i have settled this card 4 years ago.. now..if i uave apply for personal loan..this is effect in cibil or not

It will show in accounts hdfc credit card.
Settled. If you missed payments but paid full dues then it will show closed and after some years 4-7 years it won’t show in history.
But settled and written off will always be there in cibil or any other report as it shows the account you had in the past.
Most banks will not want to take risk with someone that has settled even though it is better than written off remark. Some will only approve a lower amount or higher interest rate.
If your cibil score is good and in these 4 years you have been regular with payments then they may not have an issue.