This is a discussion on difference in my amount due on credit card payment and CIBIL default amount report ! within the Credit Card forums, part of the Loan category; HI All, backstory: I was trapped with a insurance policy given on credit card,when i found it was very huge ...
HI All,
backstory:
I was trapped with a insurance policy given on credit
card,when i found
it was very huge amount than market price i asked them
to dis-continue
my policy and suprisingly they have asked me to pay 70%
of insurance amount i.e. 18000 to cancel.
And they debited that amount on my creditcard.
i thought to not pay the creditcard bill until issues
ends.
with late fees,intrest etc for 1+ year total bill went
to 46000.
current issue:
recently i applied for a personal loan they rejected
because CIBIL report says
i have due os RS.14170 on my credit card and i need to
clear them to get loan.
why there is a difference in amount (banks statement -
RS.46000 & CIBIL's report - RS.14170) i think there is
no transperancy between me,bank & CIBIL !
can any one please help me ? which amount should i clear
?