๐จ Your #CIBIL Score May Matter More Than Ever
#RBI has proposed new Expected Credit Loss (#ECL) norms for banks.
Lenders could become more cautious while approving loans & credit cards.
If your CIBIL is below 730, future approvals may get tougher.
๐งต Thread:
Financial discipline may soon matter more than ever.
Your #CIBIL score isn't just a number.
It can affect:
๐ Home Loans
๐ Car Loans
๐ณ Credit Cards
๐ข Business Funding
Improve it today before you need it tomorrow.
Having loans?
If your loan interest rate decreases, keep your EMI the same and reduce the loan tenure.
If your loan interest rate increases, keep the loan tenure the same and increase the EMI.
1๏ธโฃ ๐จ Lakhs of investor money allegedly stuck. Thousands of #MobiKwikXtra users are still waiting for answers while @MobiKwik and @lendboxin continue shifting responsibility.
This is the story nobody in Indian fintech wants to discuss. ๐งต๐
@Bhuvan13@BipinSingh@lendboxin@MobiKwik@MobiKwikSWAT@UpasanaTaku
If you have time for interviews, product launches, IPO discussions, and social media posts, surely you can spare 5 minutes to read what investors have been saying for months.
Thousands are still waiting. ๐จ
๐ ๐ฐ Recent developments, legal actions, investor updates and news are being tracked here:
mobikwik-lendbox-user-issue.โฆ
If your funds are stuck:
โ Save statements
โ Record withdrawal attempts
โ File complaints
โ Join affected investors
โ Document every communication
๐จ๐จ And according to many users in the investor community, even RBI complaint channels have not provided meaningful resolutions, with cases allegedly being closed without addressing the core issues raised.
Who is actually protecting investors?
#MobiKwikXtra#Lendbox#RBI