Times Black ICICI Bank Credit Card Settlement

Are you struggling with your Times Black ICICI Bank Credit Card dues? Here’s how you can settle your outstanding balance and regain financial stability.

Understanding Credit Card Settlement

Settlement is a process where the bank agrees to accept a reduced amount instead of the total outstanding balance, helping you close your credit card debt.

Key Indicators for Settlement

- Unable to pay full dues - Overdue for months - Facing financial hardship (job loss, medical emergency) - Low CIBIL score due to non-payment

Steps to Settle Your Times Black Credit Card

- Contact ICICI Bank customer support - Explain your financial situation - Negotiate a settlement amount - Get a written agreement - Make the agreed payment - Obtain an NOC (No Objection Certificate)

Impact on Your CIBIL Score

Beware of These Consequences! - Settlement affects your CIBIL score negatively - Future loan approvals may be difficult - A "Settled" status remains in your report for years

Impact on Your CIBIL Score

Beware of These Consequences! - Settlement affects your CIBIL score negatively - Future loan approvals may be difficult - A "Settled" status remains in your report for years