Given that your credit history helps a Loan provider ascertain your ability to pay additional debt based on your past performance, having DPD other than “000” on your CIBIL credit report would imply that you have not met your financial obligations in the past. Hence, Loan providers may view accounts that are reported with DPD as anything other than “000” negatively and this may affect your chances of a loan approval.
It is important to note that some Loan providers report DPD as follows:
DPD
|
Denotes
|
Explanation
|
STD
|
Standard
|
Payments are being made within 90 days. Any account overdue by more than 90 days is classified a Non-Performing Asset (NPA) by lenders
|
SUB
|
Sub-Standard
|
An account which has remained an NPA for up to 12 months
|
DBT
|
Doubtful
|
The account has remained a Sub-Standard account for a period of 12 months
|
LSS
|
Loss
|
An account where loss has been identified and remains uncollectible
|
Any classification other than “STD” is viewed negatively by Loan providers during the loan application process.
On occasion you may see “XXX” reported for your DPD on a certain account. This means that the Loan provider has not reported that month’s DPD to CIBIL and hence, there’s no need to worry.
The best way to avoid having anything other than DPD of “000” or “STD” on your CIBIL CREDIT REPORT is, to always pay on time and the best way to always pay on time, is to avoid more debt than you can comfortably handle with your current income.
We providing assistance on behalf of the client to get CIBIL report.
Please note we neither working on behalf of CIBIL nor any other government department.
We are Independent financial advisers.
Our services includes
1. Assisting for applying CIBIL reports
2. Helping for CIBIL report correction
3. Assisting getting loans from nationalised or private banks or NBFCs
4. Representing CIBIL issues and other matters to client's bank
5. Getting NO DUE CERTIFICATE from banks on behalf of client after settling account
6. Liasioning between Bank and Client to sort out the matter of credit cards or loans
NOTE:
CIBIL REPORT IS STRICTLY PRIVATE AND CONFIDENTIAL DOCUMENT NEVER DISCLOSE IT
We are not providing any free services but advising professionally and result oriented.
contact:
VERITAS THE TEAM
914, Sahajanand Shopping Centre
Opp. Swaminarayan Temple
Shahibaug Ahmedabad 380004
Ph: 079-40099917
Mail : veritastheteam.smile777@gmail.com
Facebook:http://www.facebook.com/pages/Cibil-report/218719794859563
looking for loan get your credit score call 079-40099917
VERITAS-Independent Financials Advisors, Ahmedababd INDIA
Please note we neither working on behalf of CIBIL nor any other government department.
We are Independent financial advisers.
Our services includes
1. Assisting for applying CIBIL reports
2. Helping for CIBIL report correction
3. Assisting getting loans from nationalised or private banks or NBFCs
4. Representing CIBIL issues and other matters to client's bank
5. Getting NO DUE CERTIFICATE from banks on behalf of client after settling account
6. Liasioning between Bank and Client to sort out the matter of credit cards or loans
NOTE:
CIBIL REPORT IS STRICTLY PRIVATE AND CONFIDENTIAL DOCUMENT NEVER DISCLOSE IT
We are not providing any free services but advising professionally and result oriented.
contact:
VERITAS THE TEAM
914, Sahajanand Shopping Centre
Opp. Swaminarayan Temple
Shahibaug Ahmedabad 380004
Ph: 079-40099917
Mail : veritastheteam.smile777@gmail.com
Facebook:http://www.facebook.com/pages/Cibil-report/218719794859563
looking for loan get your credit score call 079-40099917
VERITAS-Independent Financials Advisors, Ahmedababd INDIA
