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Credit Cards / Loan Products in India => CIBIL Credit Report Score => Topic started by: sharathdotc on April 25, 2016, 02:16:02 PM

Title: Understanding the Summary of Accounts
Post by: sharathdotc on April 25, 2016, 02:16:02 PM

The "Part 2 (http://www.dalalstreet.biz/forum/cibil-credit-report-score/understanding-the-summary-of-accounts/)" of understanding CIBIL report talks about the "monthly income not being higher than twice the payment obligation" . My CIBIL report has very OLD Income of mine reported (I didn't applied for any loans in last 4 years) . How can get my latest income updated in CIBIL.

Thanks
Sharath

Title: Re: Understanding the Summary of Accounts
Post by: cardbhai on April 25, 2016, 02:36:44 PM

CIBIL Report by itself does Not Carry your INCOME Records. It is only the Banks which have the data submitted by you in the form of IT Returns of last 3 years and they use it to asses your repaying capacity and ability.

If you are having a CIBIL Report that shows your Income, kindly e-mail the same to me on feedback @ cardbhai dot com and I'll have a look at it.

Thanks.

Title: Re: Understanding the Summary of Accounts
Post by: sharathdotc on April 25, 2016, 03:50:53 PM

Yes the Income is quoted as part of "Employment Information" . Will share the report offline through email as suggested

Thanks
Sharath