CIBIL — credit score less than 700 points

Address:

Mumbai City, Maharashtra

i am the vicitm of credit score less than 700 points. as i have taken lots of loan and had settled and all the dues, but no apprectition certificate has been received even thou it was of high interest and in the wrong loan name, now for simple credit card non payment i am facing low credit score. what is this all positive and negative is with the bank. we are the fools who are taking money with high interest rate, if you can see, check my all the details and tell whether it is to be done with me or not. and thou credit card people are not good for people they speak very rude language and come to home and talk nonsense, is it very good score of the bank to recover money from the borrower, and if we fail and given the money to the collection agent, then they even dont give the receipt, as tell they fail to bring. if CIBIL is for the Banks then we the borrowers should have one institution for the grievance. which should also be regulated by RBI bank, and the bank score should be depend on the public the borrower.. earlier people use to get default by the bank as the bank recovery agent make them default at that time no CIBIL with recovery agent, as 50: 50 percent basis the account has been settled, and the recover amount use to deposited in bank as borrower is below poverty line. earilier nothing like this was their and bank use to give money as and when they required not the borrower, now we the borrower required the money then CIBIL certificate is necessary.what is going on.