A loan closure update in your CIBIL report is crucial for financial credibility. Once your loan is fully repaid, the lender should report this to CIBIL. Always verify that the status reflects correctly as "Closed" or "Settled." If not, contact your lender or raise a dispute to protect your credit score.
https://www.mymudra.com/blog/how-to-update-closed-loan-closure-in-cibil
https://www.mymudra.com/blog/how-to-update-closed-loan-closure-in-cibil
A loan closure update in your CIBIL report is crucial for financial credibility. Once your loan is fully repaid, the lender should report this to CIBIL. Always verify that the status reflects correctly as "Closed" or "Settled." If not, contact your lender or raise a dispute to protect your credit score.
https://www.mymudra.com/blog/how-to-update-closed-loan-closure-in-cibil
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