Loan Settlement Rules: Settled Your Loan? Don’t Make This Mistake or Your CIBIL Score Will Suffer
Sometimes life throws curveballs—job loss, illness, or family emergencies. When repaying a loan on time becomes impossible, loan settlement feels like the only way out. It’s also called a One-Time Settlement (OTS). You sit down with your bank, explain your situation, and agree on a lump-sum payment that’s usually less than what you owe. It … Read more