Late Payment Reported

[demblahblah]

Hello,

My mother has an old SBI Elite lying around in which the annual membership fee and some other charges were deducted and weren't checked since the account was with an old ID. While we did make the payment when we discovered this the lower payments have pulled her score down to 700 ish. Is there a way to get the bureau report fixed?

 

[prc1990]

Hello,

My mother has an old SBI Elite lying around in which the annual membership fee and some other charges were deducted and weren't checked since the account was with an old ID. While we did make the payment when we discovered this the lower payments have pulled her score down to 700 ish. Is there a way to get the bureau report fixed?

Was the payment done on or before due date and still you see it reported as delayed or was it actually paid post due date?

 

[living.off.the.grid]

I believe you mean to say that minimum payment was done on time but the report shows lower score? is it so?

 

[demblahblah]

Was the payment done on or before due date and still you see it reported as delayed or was it actually paid post due date?

No it was actually delayed, but the reported late payment is like 60 bucks on a 2l limit card

 

[demblahblah]

I believe you mean to say that minimum payment was done on time but the report shows lower score? is it so?

No more like the payment was skipped on a card that's been inactive for a few years, and if there's a way for the banks to reverse that

 

[dav33]

Hello,

My mother has an old SBI Elite lying around in which the annual membership fee and some other charges were deducted and weren't checked since the account was with an old ID. While we did make the payment when we discovered this the lower payments have pulled her score down to 700 ish. Is there a way to get the bureau report fixed?

Yes mail bank that u did not see those charges and it was old cc and not used. Give some genuine reasons and go to higher levels. They will correct. Since its sbi they might take some time

 

[prc1990]

No it was actually delayed, but the reported late payment is like 60 bucks on a 2l limit card

Ok since the delay was geniune, you can convince and request the bank to reverse it as it happened for the very first time and you can assure them this won't get repeated. Bank may honour your request based on your payment history and relationship.

 

[demblahblah]

Will do this, thank you

 

[Dhaval parihar]

Today i got a mail statin that there has been a change in my cibil
So i checked on the yes bank free cibil score website and quadfin ( slice card )has shown june payment late by 26 days which is false claim none of my payments are late
What should i do ?
My cibil has dropped 🙁

 

[prc1990]

Good that you raised a dispute. But I would suggest to reach out to the lenders directly as CIBIL would ultimately redirect you to the respective banks/FI as they are not authorised to make any changes from their end.

 

[Dhaval parihar]

Yea u dis that yesterday slice gave me a ticet no response till now

 

[prc1990]

Yea u dis that yesterday slice gave me a ticet no response till now

If slice doesn't take the ownership or it gets delayed, I would suggest to reach out to QUADFIN if they are your card's lending partner.

 

[Dhaval parihar]

If slice doesn't take the ownership or it gets delayed, I would suggest to reach out to QUADFIN if they are your card's lending partner.

Hey thats was really helpful thanks bro
I just mailed them too

 

[praveensudhakaran]

My ICICI Credit card due date is today and I have paid my bill via HDFC DC Bill pay on 6th March. It is yet to credited to my icici cc account. They mentioned today is a non-banking day so it will be credited to my cc on 11th March and there won’t be any late payment charges/penalty. Is that true? Any other suggestions to save my cibil from late payment entry?

 

[_na_cheese]

My ICICI Credit card due date is today and I have paid my bill via HDFC DC Bill pay on 6th March. It is yet to credited to my icici cc account. They mentioned today is a non-banking day so it will be credited to my cc on 11th March and there won’t be any late payment charges/penalty. Is that true? Any other suggestions to save my cibil from late payment entry?

That's riskyyyyyyyy.

Even if the Payment date is marked as 6th and the payment will credit on 11th.

There are three days of grace. So 11th is fine.

but if it doesnt get credited by 11th.
ICICI can mark it as delayed or partial payment and you'll have to do a few rounds of talk with customer care and request them to not show it as such with credit beauros.

This Has happened with me.

ICICI was kind to me.


Lesson learned. Weekends and Holidays can mess things up.
Now I always pay Bills On the last Monday before due date.

If the bill isn't too big or money isn't a problem.

Just Pay it with Cred or Paytm.

It'll settle instantly.

 

[praveensudhakaran]

That's riskyyyyyyyy.

Even if the Payment date is marked as 6th and the payment will credit on 11th.

There are three days of grace. So 11th is fine.

but if it doesnt get credited by 11th.
ICICI can mark it as delayed or partial payment and you'll have to do a few rounds of talk with customer care and request them to not show it as such with credit beauros.

This Has happened with me.

ICICI was kind to me.


Lesson learned. Weekends and Holidays can mess things up.
Now I always pay Bills On the last Monday before due date.

If the bill isn't too big or money isn't a problem.

Just Pay it with Cred or Paytm.

It'll settle instantly.

So making minimum due payment via cred to be on safer side helps?

 

[_na_cheese]

So making minimum due payment via cred to be on safer side helps?

Sure. Can. But I'm not sure how our banks report to Cibil.

I've seen cases of people Forgetting some paisas and still it is marked as delayed.

 

[praveensudhakaran]

Sure. Can. But I'm not sure how our banks report to Cibil.

I've seen cases of people Forgetting some paisas and still it is marked as delayed.

I paid the entire bill on 6th and if I pay more today it will be over and above the total due!

@Zacobite your suggestion also please

 

[_na_cheese]

I paid the entire bill on 6th and if I pay more today it will be over and above the total due!

@Zacobite your suggestion also please

Yes but what if the entire bill that you've paid credits later than the allowed grace.?

 

[praveensudhakaran]

Minimum Due will save me from late payment fees and late payment entry in cibil right? The interest for the entire bill can be discussed with the icici cc team?