What documents do I have to submit again my credit cards? I have a credit card and since I couldn't pay off the outstanding due, my card has been blocked, however I am now paying minimum due for last few mnths. Will this cause cancellation of my PR?
I'll br really grateful for
What documents do I have to submit again my credit cards? I have a credit card and since I couldn't pay off the outstanding due, my card has been blocked, however I am now paying minimum due for last few mnths. Will this cause cancellation of my PR?
I'll br really grateful for
Just pay off your credit card if you can. Easiest solution, then don't need to mention anything about it.
If you can't for some reason, then get a letter from the credit card issuer mentioning the outstanding amount. The amount you are showing for proof of funds will have to cover this debt i.e. your funds - credit card debt should be greater than required funds amount.
list outstanding debts such as credit card debts and loans
What about their statement (above)?
I have read in many threads you dont have to mention Credit Cards, but wouldn't that be exactly the opposite of what they're asking?
list outstanding debts such as credit card debts and loans
What about their statement (above)?
I have read in many threads you dont have to mention Credit Cards, but wouldn't that be exactly the opposite of what they're asking?
Working in a bank institution I know that for a fact. But was just going by the rule here. In my case I will put the CC in the PoF as it does not hurt it.
But what if CIC find out abt it? It is not possible for me to pay off the whole amount soon. So exactly 'what' letter should I ask the bank to provide.
But what if CIC find out abt it? It is not possible for me to pay off the whole amount soon. So exactly 'what' letter should I ask the bank to provide.
CIBIL maintains a credit score of all Indians. When you request a loan from a bank, they get a report from CIBIL. You can also personally order them if you want to review your credit worthiness. The report is extremely comprehensive with details of every loan and every payment towards the loan you have made, and has the late payments & outstanding amounts marked.
Ok. So this is a credit score and it is limited in some countries. We have similar here (not in Canada) too. I dont know how detailed the report is, but reading it out is just like CRS, the higher, the better
Low
Yeah, I saw India was on the CIBIL covered countries (mine wasnt). In that case, the risk for hiding information would be too high.
I would not recommend doing that in any case btw