Ensure Your Settled Accounts Are Accurately Reported

Have you settled a loan or credit card account but still see it marked incorrectly on your credit report? This common issue can negatively affect your credit score and future borrowing potential. At Digital Credit Solution, we specialize in making sure your settled accounts are correctly reflected in your credit profile.

A “settled” status typically appears when a borrower and lender agree to close an account for an amount less than the total due. While this resolves the financial obligation, if not updated properly, it can continue to show as “written-off”, “default”, or even “active overdue”, all of which can harm your credit standing.

Our Settled Account Services Include:

  • Verifying if the settled status has been correctly reported to all credit bureaus
  • Requesting updates for incorrect or missing settlement entries
  • Helping you obtain and submit the necessary settlement proof
  • Coordinating with banks/NBFCs and credit bureaus for proper correction
  • Tracking the case until the settled status is accurately reflected

Why It’s Important:

  • Improves Credit Score: Accurate updates can gradually repair your credit rating.
  • Prevents Future Loan Rejections: Lenders look for clarity and closure on past debts.
  • Promotes Transparency: Your credit report should reflect your actual repayment history.

How We Work:

  • Review your credit report across all major bureaus.
  • Identify discrepancies in your settled account reporting.
  • Engage with the lender and credit bureau to submit and process updates.
  • Monitor until completion, keeping you informed every step of the way.

Don’t let unresolved reporting errors hold you back. At Digital Credit Solution, we help you close the loop properly so your credit journey can move forward without unnecessary obstacles.

Need help fixing your settled account status? Contact us today for expert assistance.