Process of correction of data in cibil

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Mahesh sharma (Querist)
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28 October 2013 if a person take loan and default in repayment of loan installment after the period he pays the loan but the data in CIBIL is not Correct.Explain What are the process of Correction in CIBIL

Nikhil Kaushik

Nikhil Kaushik (Expert)
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29 October 2013 please note that CIBIl reflects the past financial information too. the whole idea of CIBIL is to give banks/financial institutions to have an idea about client's credit history. So if such default is reported to CIBIL, it will continue to reflect therein.

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