Jan 28, 2012 04:54 PM
7369 Views
IT all Started with my dispute with Fullerton, where I was granted loan, given & cancelled Top ups without my permission, and even after paying all installments and equipped with all proofs CIBIL will not alter my credit history as it is a machine made of banks and for banks and not a real unbiased credit Rating System.
The Language of mine may seem bit slang to you but it has to be like that when injustice is done to anyone, CIBIL Actually do not have any dispute solution as it can just entertain your mails but amendments are to be made only by the bank who victimize you, In case of CIBIL if any bank does mistake and ruin your history, you are solely at the mercy of that killer bank to admit their own mistake and give you clean chit, and it will never happen, as any bank employ will never do it at the risk of his own job.
Our legal system here says, you have to go through consumer forum, whose phone numbers are practically inaccessible, Call center are totally helpless in these type of cases second option is court, then high court, which will practically spend more amount then my real loan amount which I borrowed+ around 60 leave without pay in your industry [as boss will not pay you for attending court or running after bank staff], Third option I found was of RBI Ombudsman, but they look after only ban, then I have came across DNBS of RBI but they to also do not have email address, so you have to travel a long way to capital of your state where they are based. After traveling also I do not think you will be able to get any big change in your ruined credit history.
Finally after understanding all details of this Flaw full system I was left with these unanswered question and would like your answer:
1, What should a common man do once their credit is ruined? A -Suicide B-KeepMum C-Armed fight
2, Is it justified law where banks can easily ruin history of any citizen? A - yes B -no C-Cant say
3, The richest organization of INDIA, OUR Government Can not even provide online numbers & address or email address or free lawyers or free medical services, then too should we pay taxes?
Finally hope for the day when these things change in India so that we may feel proud of being indian citizen and not the punished Slaves.
Jay Hind.
