Dispute of Inaccurate Loan Entry on My Credit Report

Name of Complainant Shambhu Singh
Date of ComplaintAugust 17, 2023
Name(s) of companies complained against
Category of complaint Banking
Permanent link of complaint Right click to copy link
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Text of Complaint by Shambhu Singh:

I hope this letter finds you well. I am writing to address a significant issue I recently discovered regarding my credit report, specifically an inaccurate loan entry that is negatively affecting my credit score. I am seeking your immediate assistance in rectifying this matter.
The loan entry in question pertains to the following details:
• Loan Amount: Rs 2500
• Due amount:13257
• Loan Taken Date: 27th September 2022
• Lender: Tansactree Technology Pvt Ltd
I wish to assert that I have never applied for or received a loan from Tansactree Technology Pvt Ltd or any other entity in the stated amount or on the mentioned date. This incorrect information has caused a substantial drop in my credit score, which is both alarming and distressing.
Upon careful examination of my bank statements covering the relevant time frame, it is evident that no such transaction has taken place. I have attached copies of these bank statements for your reference and verification.
In light of the circumstances, I kindly request that you conduct a thorough investigation into this matter and take the necessary steps to promptly remove the inaccurate loan entry from my credit report. I believe it is imperative to maintain the accuracy and integrity of credit reports, and I trust that CIBIL will take the appropriate action to address this discrepancy.
Once the correction has been made, I kindly request written confirmation of the update along with an updated copy of my credit report reflecting the accurate information.
I am grateful for your attention to this issue and anticipate a swift resolution.
Thank you for your cooperation and prompt action in resolving this matter. I look forward to the correction of my credit report and the restoration of my accurate credit score.
Sincerely,
Shambhu singh

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