Comments on: Status Report http://www.ccvictim.com/2008/02/16/status-report/ $40,000+ to go, how long will it take Sat, 22 Aug 2009 05:02:23 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: venugopal http://www.ccvictim.com/2008/02/16/status-report/comment-page-1/#comment-5589 venugopal Sat, 22 Aug 2009 05:02:23 +0000 http://www.ccvictim.com/2008/02/16/status-report/#comment-5589 As there are 90% of the names are in the Bad Customers List due to credit cards, whatever the reason may be, finally the Credit Card holders names are reflecting / affecting in the CIBIL as bad customers. Hence, the Credot Cards issues should not be taken in to consideration to measure the Customers as bad or good. Govt. should do something on this. As there are 90% of the names are in the Bad Customers List due to credit cards, whatever the reason may be, finally the Credit Card holders names are reflecting / affecting in the CIBIL as bad customers.

Hence, the Credot Cards issues should not be taken in to consideration to measure the Customers as bad or good.

Govt. should do something on this.

]]> By: venugopal http://www.ccvictim.com/2008/02/16/status-report/comment-page-1/#comment-5588 venugopal Sat, 22 Aug 2009 04:39:37 +0000 http://www.ccvictim.com/2008/02/16/status-report/#comment-5588 The credit card defaulters names should not be mentioned in the CIBIL, due to the following reasons : Rate of Interest is more i.e 3% approx. The penalties are huge. Credit Card (Bankers) are making the customers as defaulters, bad customers. Government should pay some attention on this issue and instruct the CIBIL to remove the Credit Card Defaulters Names from the CIBIL, as most of the cases (90% and above)above are happending due to overcharging / penalties. Rate of interest should not be more than 1.25% The credit card defaulters names should not be mentioned in the CIBIL, due to the following reasons :

Rate of Interest is more i.e 3% approx.
The penalties are huge.
Credit Card (Bankers) are making the customers as defaulters, bad customers.
Government should pay some attention on this issue and instruct the CIBIL to remove the Credit Card Defaulters Names from the CIBIL, as most of the cases (90% and above)above are happending due to overcharging / penalties. Rate of interest should not be more than 1.25%

]]> By: Ms Broke http://www.ccvictim.com/2008/02/16/status-report/comment-page-1/#comment-4867 Ms Broke Fri, 18 Apr 2008 08:32:42 +0000 http://www.ccvictim.com/2008/02/16/status-report/#comment-4867 Hey Ted, Owning up to it is half the battle. Like you, I understood I had a fair bit of debt, but never added up all the individual amounts. Was pretty horrified when I finally did, and realised I was $32k in the hole. Almost a year later I've whittled that down to $6k, and on the year anniversary of me doing those sums, I'll be debt free. Good luck, Ted! Hey Ted,

Owning up to it is half the battle. Like you, I understood I had a fair bit of debt, but never added up all the individual amounts. Was pretty horrified when I finally did, and realised I was $32k in the hole. Almost a year later I’ve whittled that down to $6k, and on the year anniversary of me doing those sums, I’ll be debt free.

Good luck, Ted!

]]>