teampureboston
New member
Okay, so a bit of background intro ….
I am 29 M, life has been a downward spiral since Covid, currently having 5.5L worth of bank loans(multiple loans) & owe money to a few friends(around 7L in total). Current salary 50k with 20k of home loan EMIs. I had investments in various stocks but after Covid I had to pull out & sell all my holdings, some in profit & others in loss. Overall things were green so I didn’t lose money there. Btw my Cibil is also f***d up. Also I’m unmarried, planning that sometime end of this year or next year at the latest.
All my earnings are just going away in paying EMIs & repaying friends, no savings are left for me at end of the month. I am just trying to get out of this financial crisis & start fresh.
BTW is it true that Cibil score gets reset after 3-4 years & credit companies don’t keep any records longer than that ?? For example if you have a bank credit card for 8+ years then Cibil agencies only keep last 3 years records ??
I am 29 M, life has been a downward spiral since Covid, currently having 5.5L worth of bank loans(multiple loans) & owe money to a few friends(around 7L in total). Current salary 50k with 20k of home loan EMIs. I had investments in various stocks but after Covid I had to pull out & sell all my holdings, some in profit & others in loss. Overall things were green so I didn’t lose money there. Btw my Cibil is also f***d up. Also I’m unmarried, planning that sometime end of this year or next year at the latest.
All my earnings are just going away in paying EMIs & repaying friends, no savings are left for me at end of the month. I am just trying to get out of this financial crisis & start fresh.
BTW is it true that Cibil score gets reset after 3-4 years & credit companies don’t keep any records longer than that ?? For example if you have a bank credit card for 8+ years then Cibil agencies only keep last 3 years records ??