Loan on Credit Card

[Sachingarg]

I have Taken a loan on Axis Ace Credit Card, Issue is in credit agencies report outstanding loan amount on this card reflected in Credit Cards Utilisation Ratio which should not be included? Anybody facing the same issue for a while.... Please suggest the solution

 

[arjungoyal12]

You should get in touch with bank to make it right. This issue should be with your bank because they are one reporting it to CIBIL website. But if they we have sent the correct details then you should raise dispute on CIBIL official website

 

[Sachingarg]

I have contacted with Axis Bank they are telling its our policies if any consumer avail loan on credit card beyond its credit limit of card it will affect its CIBIL Score as Credit card utilisation Increase.... now please tell what your view..

Have you any person who avail loan on credit card please connect him or her with me...