Excellent Loan Service, but disastrous credit bureaus reporting
I have no complaint so far as the loan closure is concerned: The entire process was extremely smooth. But their reporting to the credit bureaus is what is definitely malicious: they report loan opening to bureaus, but do not report monthly payments. I had my loan approved in June, they reported payments for July, August - but no reporting past that. It's already January of the following year, and I have no update on my credit reports. This is turn affects your credit score and debt tally. I have made constant payments to both my principal, installment - that would turn significantly lower by debt. I have tried informing them several times of this error, but to no avail. They should stop screwing borrower credit profile, by being diligent with the reporting to the bureaus.
By Aditya R.




