Got A Question ?


Ask Us



WE ANSWERED




Can CIBIL Problems stop harassing phone calls?
Absolutely, if you get a harassing call after you have started our program, all you need to do is inform your personal counselor and he/she will put an end to it.

Read More

Can CIBIL Problems get back your houses even if it's in foreclosure?
Yes, in most of times. Also, Please note that, there are many factors when dealing with a mortgage company and real estate.

Read More

How to get back my car?
Answer is simple, as similar as the above ones, but here it is a car.

Read More

I have meager credit card debt, then why do I need CIBIL Problems?
Most creditors will do far more for CIBIL Problems than for any individual. Most will reduce interest, sometimes to 0%, drop late charges and over limit fees.

Read More

Will this issue have an impact on my credit?
It completely depends on how your credit card looks like now. If have bad credit, CIBIL Problems can help.

Read More

How long does a Debt Management program last ?
Until you have paid your debts in full. If you are making less payments, this will lead to longer time than the original credit agreements.

Read More

Whether I want to rely on a debt management plan until my debts are over?
Clearly No, Because You do not make a contract with us. Only a statement that allows us to contact your creditors on behalf of you.

Read More

How much will my debt management payments be?
It depends on your ability to pay based on your income and essential outgoings, not the total debt or current repayment levels.

Read More

Can i see that my creditors are being paid ?
You will receive a statement from your creditors. This statement will show the paid amounts made by us on behalf of you.

Read More

Are you lending me money to pay off my debts?
No, we will not lend you money or pay off your debts to your creditors. A debt management repayment plan paves way to repay your loan and credit card debts at an affordable rate.

Read More

Do you need to do a credit check on me ?
No. We do not lend you any money, therefore we do not need to credit check you.

Read More

Can I do debt management if I already have CCJ's against these debts ?
Yes. You can even use the plan to make payments against any existing CCJ's that you have. But make sure that we know exactly what your current position is when you speak to us before coming on plan.

Read More

Do I need to have a full time job to do debt management ?
No. to be accepted, you only have a huge amount of income above what you need to live on of at least. This huge amount must be less than needed to meet current credit and loan repayments.

Read More

Shall I inform this to my spouse or partner ?
According to us, it has always been honest with your partner. But, when comes to partner you have to tell if you have joint debts and/or you need your partner’s income to be taken into account to support the plan.

Read More

Does the Payment Plan include all of my debts ?
No, you’re unsecured debts and potentially some other outstanding debts are covered by a debt repayment plan

Read More

It is mandatory for creditors to accept reduced payment offers?
Legally, creditors are no need to accept offers of repayment below the contracted minimum. But they clearly know it is not good in demanding money from someone who can’t afford huge amount.

Read More

Will the debt management plan affect my credit rating ?
Your credit rating will be adversely affected, if you don't make contracted repayments on your unsecured debts.

Read More

Will I receive a Default Notice ?
Yes, it will give by the creditors to protect their own legal position.

Read More

Whether the plan stops my creditors to take further recovery action?
Sorry to say, we cannot guarantee that your creditors will not take further steps; sometimes they seek court to recover debts from you.

Read More

What shall I do if my creditors continue to pursue me?
When your debt repayment plan is being set up. Creditors may continue to take action to recover your debts. Please don’t avoid them.

Read More

What if my circumstances change ?
As the Debt Management plan is an informal program, It is quite easy to change it as your personal circumstances change.

Read More


Powered by nanomedia.in & i-digital.in - Copyright@2017 | All Rights Reserved