How to make corrections in the CIBIL Report?

[mukesh01]

I used my single free CIBIL report way back in April and now have a lot of incorrect entries, which include a duplicate loan, an unknown loan, and multiple closed loans/credit lines.
Is there anyway I can fix these for free, if not how can I buy the cheapest CIBIL Premium?

 

[D₹V]

I used my single free CIBIL report way back in April and now have a lot of incorrect entries, which include a duplicate loan, an unknown loan, and multiple closed loans/credit lines.
Is there anyway I can fix these for free, if not how can I buy the cheapest CIBIL Premium?

CIBIL doesn't fix, lenders fix.

Contact lender with latest report in PDF file from any app.

 

[Cryptopsycho]

Just mail to the concerned financial institute who has raised the incorrect enquiry with Report Screenshot and request them to remove them. Threaten to go to RBI if the wrong enquiry is not removed.
I was successful in getting one of Fake enquiry this way....

 

[mukesh01]

Thanks, will try this for sure.

 

[COmM4nDer]

My CIBIL score decreased by 10 points even though my total utilization is just 4%. What to do?

 

[DaDarkkNight]

My CIBIL score decreased by 10 points even though my total utilization is just 4%. What to do?

nothing, these fluctuations are normal

 

[paxauquabriba-4876]

I used my single free CIBIL report way back in April and now have a lot of incorrect entries, which include a duplicate loan, an unknown loan, and multiple closed loans/credit lines.
Is there anyway I can fix these for free, if not how can I buy the cheapest CIBIL Premium?

Cibil have the option to contact them for Consumer Dispute Resolution.
Like D₹V mentioned the process will be somewhat similar where CIBIL will take your point of view , ask for IDs and then go to lender and then get their point of view etc. U can try and have patience.

 

[mukesh01]

CIBIL doesn't fix, lenders fix.

Contact lender with latest report in PDF file from any app.

At least duplicate loan has been removed and within a month CIBIL increased by 18 points(Other factors also contributed)

 

[DaDarkkNight]

Cibil have the option to contact them for Consumer Dispute Resolution.
Like D₹V mentioned the process will be somewhat similar where CIBIL will take your point of view , ask for IDs and then go to lender and then get their point of view etc. U can try and have patience.

Nope, only bank(lending partner) has authority here to change anything in report. CIBIL is only facilitating and expeeding things on your behalf.
CIBIL doesnt care about the customer's point of view.

 

[D₹V]

At least duplicate loan has been removed and within a month CIBIL increased by 18 points(Other factors also contributed)

Glad 😊 it helped!

Hope it solves your query, you can mark my answer as solution by clicking best answer ☑️ button below my reply.

 

[PRASHANTTHAKUR]

Contact lender, also raise dispute via CIBIL

 

[paxauquabriba-4876]

Nope, only bank(lending partner) has authority here to change anything in report. CIBIL is only facilitating and expeeding things on your behalf.
CIBIL doesnt care about the customer's point of view.

So whats your opinion :

Will raising issue with CIBIL has any benefit vs Only raising issue with lender ?

 

[Pack_of_Cards]

So whats your opinion :

Will raising issue with CIBIL has any benefit vs Only raising issue with lender ?

CIBIL will ask to go to lenders. Dispute with the lender that has reported discrepancies, and have patience because these things take their own sweet time to complete.
Meanwhile expect preliminary lenders response like this:

 

[shrewdoc]

So whats your opinion :

Will raising issue with CIBIL has any benefit vs Only raising issue with lender ?

Raising the issue to the Lender/Regulated Entity will always be more fruitful as resolving with them directly updates the information to all CICs (CIBIL, Experian, CRIF, Equifax) at the same time.

 

[scn]

How to correct duplicate profile details, address which is seen in profile, same address details are shown multiple times with some space/comma here and there.
when try to dispute on cibil, there is only alternation of address instead of removing duplicate