
CIBIL Dispute Guidance enables one to identify errors/inaccuracies/outdated information displayed in the credit report. Such as wrong loan account number shown against you, payments, enquiries, overdue amounts, identity etc. Verification should be done by matching your credit report with bank statements, closure or no-dues letter from bank, repayment records or documents issued by lender. Erroneous information may hinder you from accessing credit or may increase your cost of borrowing so its best to clarify and send disputes on record early.
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