General Trading Chat

[primitivetrader]

If we close any loan before its term is it affect ones rating?

no, it does not affect your credit rating. only default payments on your any type of loan affect your credit rating. also never just for heck of it do your cibil check. particularly pvt sites, which are offering free cibil .

 

[cinderblock]

Your credit score drops everytime you or someone accesses the cibil report.

Though not by much to make any substantial difference.

 

[timepass]

Nifty looks like making a death cross today (50/200).

As far as I remember, the last time that happened, nifty dropped 3% and the Emkay scam happened, with many sell orders getting executed.

 

[soft_trader]

Cibil score needs some kind of registration and fees ?

No it is free. Cibil is a credit bureau (one of the four such bureaus in India) to which financial institutions report a person's credit history.
Other 3 bureaus are experian, equifax and highmark

Fetching your report from cibil is free once every year.

 

[ca_krishna]

Nifty seems to be in Consolidation (New Base/New Resistance Making) Mode at 10600 levels for further upmove or downmove

 

[timepass]

Tried enrolling on CIBIL website. Seems like CIBIL doesn't know me or doesn't want to know me

Now, I don't use credit cards (debit card only), have no bank loans since about 10 years now. So, does that mean I am off the radar ?

 

[traderniftybull]

Tried enrolling on CIBIL website. Seems like CIBIL doesn't know me or doesn't want to know me

View attachment 30367
Now, I don't use credit cards (debit card only), have no bank loans since about 10 years now. So, does that mean I am off the radar ?

ha ha
yes, CIBIL wont know/recognise you
when you dont have a history (I mean credit history ),
how they will recognise you

 

[timepass]

ha ha
yes, CIBIL wont know/recognise you
when you dont have a history (I mean credit history ),
how they will recognise you

Oh wow.. it means that all my old sins are washed away

Maybe I can now return to my old adda and do some new jhol jhaal

 

[traderniftybull]

Oh wow.. it means that all my old sins are washed away

Maybe I can now return to my old adda and do some new jhol jhaal

ha ha
then try asking for a big loan from your bank
you will know it exactly.

 

[siddhant4u]

Tried enrolling on CIBIL website. Seems like CIBIL doesn't know me or doesn't want to know me


Now, I don't use credit cards (debit card only), have no bank loans since about 10 years now. So, does that mean I am off the radar ?

I'm in same boat as you, however it asked about passport number which I had assigned to some bank account (long closed since) and It recognised me.