How to improve Cibil Score?

[Yusuf Kamran]

I see you are helping lot of people that's really nice.. Please help me too

I had a ICICI bank credit card in 2009 and due to some financial problems I used the whole limit and couldn't pay, later on I overcome all the problems and decided to make the payment, some collection agents offered me a settlement amount however I didn't went for settlement instead of that I called the bank directly spoke to there collections desk and paid in full. My total outstanding amt was 43k and bank gave me a wavier of 3k and we closed the a/c in 40k. They promised me that this a/c will go as a cleared a/c and not settled a/c. Since mid 2010 till March 2012 it was full 14 months that I didn't made the payment I recently applied for few card but they all got rejected. Today I ordered my Cibil report and my score is 641.

This is how my status shows under this a/c

STATUS
SUIT FILED / WILFUL DEFAULT -
WRITTEN-OFF STATUS -
WRITTEN-OFF AMOUNT (TOTAL) -
WRITTEN-OFF AMOUNT (PRINCIPAL) -
SETTLEMENT AMOUNT -

1. My questions is this the correct status they have updated as they promised that my a/c will not show as a settled amount but a full paid amount like they said "all clear" .

2. I also had a auto loan in which all EMIs were paid on time non were bounced however I sold that car and made a foreclosure. Does foreclosure effects our score.


Please help I really need to get back to normal life before I go crazy.....


Thanks