Author Topic: credit card settlement  (Read 325 times)

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tanmoy

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credit card settlement
« on: October 05, 2017, 04:00:26 PM »
I have a credit credit card of hdfc bank and i had withdrawn some hard cash from that card in an emergency situation but now an amount of Rs.64000 has been debited from my debit card so now i need to settle my credit card what is the procedure????

cardbhai

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Re: credit card settlement
« Reply #1 on: December 15, 2017, 12:55:23 PM »
Settlement of Credit Cards below the amount that you owe is a temporary solution and affects your credit history and score negatively.

Here are the Steps for Settling Credit Cards and Defaulted Personal Loans with Indian Banks.

If you have settled loan and your CIBIL Score is Low, then you can start rebuilding your CIBIL credit score by taking the following steps.

Barton

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Re: credit card settlement
« Reply #2 on: April 30, 2018, 05:53:20 PM »
How long does it typically take to rebuild your credit score after a credit card settlement?