QUOTE(MoneyChaser @ Apr 3 2020, 01:17 PM)
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- his loan was rejected , we ran a CTOS report and found out he has one Credit Card which was in Status Written Off under special attention in year 2015 while he was still employed .
The question is now how do we clear the written off credit card ?
- Can he just walk in to the bank and pay off the written off balance and improve his CCRIS scoring from Red to Green ?
- is there any risk in doing so , being risked by legal or bankrupcy or further fine by the banks ?
Any comments and ideas will be great
while waiting for real value added responses, my agar agar kaypoh suggestion is....
Can he just walk in to the bank and pay off the written off balance and improve his CCRIS scoring from Red to Green ?
Can try their CS contacts first instead of direct walk in (prevent waste of time), for your record may have been "locked", call CS to ask for action to do.....
After you settled the debt, it will depends on how fast the bank will inform the CTOS....
- is there any risk in doing so , being risked by legal or bankrupcy or further fine by the banks ?
most probably addition charges will be incurred.....
as there is a minimum owed amount before they will can proceed with bankruptcy proceeding.