Difficulty in getting second loan due to ‘settled’ status in CIBIL report: Know the difference between ‘closed’ and ‘settled’; Easy way to improve account status
32 minutes ago copy link Many people make ‘settlement’ with the bank if they do not repay the entire loan. At that time, it seems that the financial burden is over, but in the future, when a new loan or credit card is required, then there may be problems. Banks may reject your application. What…