By | 19 April 2010

Has it ever come to your mind to skip the payment of your Credit Card. Gone are those days when credit card and loan defaulters can easily get away thinking who will get to know about their brave deeds.

Credit Information bureau India Limited is an autonomous body which maintains a central database of the credit history of all the borrowers. So if you have ever taken any housing loan/ vehicle loan/ personal loan/ credit card or any other borrowing from any banking or financial institution in India, with all probability your name is also there.

CIBIL regularly collates information on the payment defaults of all the borrowers and continuously updates the white list and the black list.

Want to know your CIBIL rating – Access your Credit Information Report (CIR) from CIBIL

You can now access your Credit Information Report (CIR) directly from CIBIL. Your CIBIL CIR is a factual record of your credit payment history compiled from information received from credit grantors. The purpose is to help credit grantors make informed lending decisions – quickly and objectively, and enable faster processing of your credit applications to help provide you speedier access to credit at better terms.

You can request for a copy of your CIBIL CIR in three quick steps through Email, Mail, Telephone or Fax.

In order to avail a copy of your own CIBIL credit report, kindly send the duly filled Credit Information Report Request Form (contact us for a copy) along with the self attested hard copies of your valid Address Proof, valid Identity Proof and Demand Draft of prescribed amount in favour of ‘Credit Information Bureau (India) Limited’.

Further there is a procedure of cross checking the CIBIL status as (negative) claimed by any Lending Bank or Institution.

You should approach such credit institution, which has drawn a report on you and denied the credit application, for the control number of the credit report. The control number is a nine digit unique number starting with “3 or 4″ that helps CIBIL to track the same report from their database.

This can be utilised by anybody who is either aggrieved by the credit report drawn by any credit institution or intends to seek credit in future.