Atharva@1909
TF Buzz
Hey all I have a question to all of you regarding the loan repayment and it's effect on cibil
Actually I had taken loan from truebalance app due to some medical emergency and the due date for the emi was 3 April 2025 and this loan was scheduled to be paid via upi or debit card since I hadn't set up autopay there but the thing was tht day my bank server was not responding at all and I was not having my debit card at that time the emi amount was 4125 .
Due to this I missed the date because of it but as soon as the server restored to normal on next day 04 April around 9 am I made a payment and they had accured me interest of 3rs. So I made full payment of 4128 now the thing is I am worried that will it reduce my score I hadn't took the full day of 4 April just few hours will they report me as default I'm so stressed out regarding this please help me . I also mailed them and explained the issue and reply is awaited from their side but also I had called them one of their representative said it will reflect as overdue by 1 day
Isn't there a grace period or rbi regulations for repaying the missed emi on next day due to network issues
Actually I had taken loan from truebalance app due to some medical emergency and the due date for the emi was 3 April 2025 and this loan was scheduled to be paid via upi or debit card since I hadn't set up autopay there but the thing was tht day my bank server was not responding at all and I was not having my debit card at that time the emi amount was 4125 .
Due to this I missed the date because of it but as soon as the server restored to normal on next day 04 April around 9 am I made a payment and they had accured me interest of 3rs. So I made full payment of 4128 now the thing is I am worried that will it reduce my score I hadn't took the full day of 4 April just few hours will they report me as default I'm so stressed out regarding this please help me . I also mailed them and explained the issue and reply is awaited from their side but also I had called them one of their representative said it will reflect as overdue by 1 day
Isn't there a grace period or rbi regulations for repaying the missed emi on next day due to network issues
