Pradumya
TF Ace
Hi peoples
I regularly check my credit reports but never had a look at the closed accounts.
Today I saw something strange - I had Paytm postpaid accounts from Aditya Birla Finance which are closed for around 2-3 years now.
As you can see in the screenshot - The account got closed in 2021 itself, but they are reporting it still
And this is not just the case with Aditya Birla Finance, similar pattern I noticed in SBM Bank reporting.
Here also the account got closed in 2023 itself, still the reporting is done continuously.
I do know that personal loans in credit reports are not a good sign, but what if they are still reporting them. Though closed is marked but still does this shows as bad remark?
This is not just the case with experian, even CIBIL report has these same.. And my score is up down 5-10 points every month. Not going above 780. Is this because of this reporting?
Should I do something about it?
I regularly check my credit reports but never had a look at the closed accounts.
Today I saw something strange - I had Paytm postpaid accounts from Aditya Birla Finance which are closed for around 2-3 years now.
As you can see in the screenshot - The account got closed in 2021 itself, but they are reporting it still
And this is not just the case with Aditya Birla Finance, similar pattern I noticed in SBM Bank reporting.
Here also the account got closed in 2023 itself, still the reporting is done continuously.
I do know that personal loans in credit reports are not a good sign, but what if they are still reporting them. Though closed is marked but still does this shows as bad remark?
This is not just the case with experian, even CIBIL report has these same.. And my score is up down 5-10 points every month. Not going above 780. Is this because of this reporting?
Should I do something about it?
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