How to Rectify Commercial CIBIL Reports Online

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How to Rectify Commercial CIBIL Reports Online?
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Commercial CIBIL Report

• A commercial CIBIL report contains the CIBIL
  score, credit history and payment behavior of
  borrowers recorded by the lending institutions.
  This entire commercial credit information report
  is crucial for decision-making in terms of loan
  approval or rejection.

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Rectifying Commercial CIBIL Score

• CIBIL score is created by considering multiple
  parameters on the credit information of the
  applicant. The process of assigning credit scores
  is similar for an individual and for the company.
  A commercial credit information is used for
  commercial businesses or companies.

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CIBIL Score Rectifying Process

• Raising a dispute
• Reasons for dispute
• Submission of the dispute form
• Submission of the dispute form
• Resolving the dispute

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Raising a Dispute 

• A loan applicant (an individual or a business)
  has the right to contest their CIBIL report or
  score. The procedure for reporting a dispute is
  simple. The applicant must go to the official
  CIBIL website and submit the CIBIL dispute form.

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Reasons for Dispute

• A company dispute may result from an error in
  account information, including name, address,
  city, state, PIN code, contact information,
  branch address, PAN, and account information.

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Submission of the Dispute Form

• After duly filling out the CIBIL dispute form
  customer can submit it through CIBIL online
  dispute resolution form on the CIBIL website.

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Regarding the Dispute

• After submission of the form, the customer has to
  choose the section of the commercial CIBIL report
  online that needs to be rectified. Here
  individual customer or company has to fill in the
  entire detail concerning the dispute. CIBIL will
  rectify the dispute in 30 days.

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Resolving the Dispute 

• On the basis of customer disputes, CIBIL corrects
  errors. If CIBIL is unable to make changes due to
  a lack of useful information, it contacts the
  customer's creditor or lending company. Following
  the acquisition of the necessary data from the
  lending company, CIBIL updates your credit report
  with accurate information and the appropriate
  CIBIL score.

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Thank You

• Address 3/31, Chitrakoot Marg, Arpit Nagar,
  Vaishali Nagar, Jaipur, Rajasthan 302021 
• Mob 91 724-000-0901 
• Email support_at_creditq.in 
• Website creditq.in