Flipkart IDFC first bank nexus to showcase paylater as personal loan and impacting CIBIL score

Name of Complainant Dhurjoti Bhattacharjee
Date of ComplaintJune 1, 2022
Name(s) of companies complained against
Category of complaint E-Com & Retail
Permanent link of complaint Right click to copy link
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Text of Complaint by Dhurjoti Bhattacharjee:

I am absolutely in disgust wrt to the flipkart pay later option being provided since some years back by Flipkart and recently being disabled by the lender IDFC First bank: IDFC FIRST BANK Personal Loan Account no: 28824976

First of all, the same is being projected as a Rs. 70,000 personal loan lending to any flipkart customer who opted for using this pay later option and whether this is used or not used extensively, it reflects in the cibil report as a personal loan entry

Now, wrt My cibil score, it has been impacted badly as it is showing a Rs.1609 some INR pending for this personal loan from IDFC First bank for which no payment has been made since january 2022. Please do note that I don’t have any pending outstanding w.r.t. flipkart pay later, and although this paylater option already deactivated from flipkart but not in sync with IDFC first bank, i am facing a CIBIL default for last 4-5 months which is badly harming my loan prospect, any

I will surely pull flipkart and IDFC first both in consumer court this time if this is not addressed satisfactorily so that tmy CIBIL score gets rectified ASAP

Image Uploaded by Dhurjoti Bhattacharjee:

Flipkart IDFC first bank nexus to showcase paylater as personal loan and impacting CIBIL score

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