FAQs
Can I avail a personal loan to clear off my credit card bills?
Availing a personal loan to clear credit card dues is an option. Do consult your financial advisor before taking this option.
How long will unpaid credit card bills stay on my credit report?
The record of unpaid credit card bills or defaults on your credit card bill stays on your credit report for seven years.
Will my name be added to defaulters list if I miss out on paying my credit card bill?
Yes. Failure to pay your credit card bill will result in your name getting added to the credit card defaulters list.