CIBIL Rating Not Changed Despite Clearing Loan : Kerala High Court Directs Credit Rating Agency To Ensure Requisite Credit Rating

The Kerala High Court directed the Trans Union CIBIL Ltd, a credit rating agency, to ensure that the requisite Credit Rating was given to the petitioner since he had no subsisting loans and the earlier loan account had been fully closed.The petitioner approached the High Court to restore his Credit Rating despite no subsisting loans pending. His Credit Rating remained very low despite...