Banks are tightening up on credit lines under MAS directive. One bank sent letter to me saying my interest-bearing balances have exceeded 24 times my monthly income. WTF! I don't have car loan, don't have unsecured loans, don't have credit card balances outstanding. Only loan is housing loan which does not fall under this category.
Obviously one of my banks has provided incorrect information to the Credit Bureau. But to correct that, I have to pay $6 plus GST to retrieve my credit report in order to find out which bank provided incorrect information.
Why do I have to pay $6 and take time and trouble to rectify the mistake of a bank?
KNN.
Obviously one of my banks has provided incorrect information to the Credit Bureau. But to correct that, I have to pay $6 plus GST to retrieve my credit report in order to find out which bank provided incorrect information.
Why do I have to pay $6 and take time and trouble to rectify the mistake of a bank?
KNN.