I had taken a loan for led tv and I had only 1 cheque bounce within the tenure and I repayed with charges in the month of feb 2016 I got my NOC and was all clear.
Today when I wanted to take a mobile they rejected me sayin my cibil score is not good and for no reasons.
Go to hell you cheapos I got my mobile and a DSLR camera from home credit with less processing fee and a better service.
These finance companies think they are the only one but there are more players they should recognize and for just one cheque bounce they declined a customer just because they are quite old in the market.
But youngsters can overcome them and they should realize.