CreditMantri Finserve Private Limited
4th Floor Sudhama, 36 Vijayaraghava Road,T Nagar, Chennai, Tamil Nadu 600017
Have any queries? Click here for more details
All written queries will be responded within 1 working day.
We'd love to help you through every step along the way.
Get Your FREE Credit Score with monthly updates in less than 1 Minute
Post your credit related queries and find answers from our experts
The answer to your query depends on the other loans history for you before the settlement.
Responded by:Responded on25th May 2015
It is also dependent on how much time you took to settle off the account after being marked as non-performing. If you currently do have active loans that you are servicing, and if you do not miss any payments, then it will probably take 8-12 months for your credit score to be back up to a decent level. If you possess a credit card, then you should also use it very wisely and make full payments on time. Never use more than 50% of your credit limit until it is absolutely necessary. If you currently do not have a credit card, then you should get a secured credit card against a fixed deposit and use it wisely. This will help you in getting get your score back up a little faster.
Get Low EMI Loans and Lifetime Free Credit Cards
Reduce cost of your current EMI
Checking your Credit Score doesn’t reduce it
CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.