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