How Debt Settlement can Impair CIBIL Score

Banks offer One Time Settlements popularly known as OTS to the borrowers and such Settlement Offers basically convey the message to other lenders that the borrower is incapable of paying the loan in full. The Credit Bureaus will report the Loan Account status as “Settled” or Post (Written Off) Settled in the Credit Reports against Read more about How Debt Settlement can Impair CIBIL Score[…]