Discovering a written-off note in your CIBIL report can be highly alarming. It indicates that a loan was not paid for a long time, and the creditor wrote off the account as a loss. The majority of borrowers are curious to find out how to remove written-off status from CIBIL because this note impacts credit approval and trust in credit heavily.
This guide provides detailed information about the term written-off, how to remove its status, and the process of rectifying your CIBIL report straightforwardly.
What Written-Off Means in Your CIBIL Report
A written-off account implies that the financial institution has classified your loan as defaulted for more than six months (180 days). However, it doesn’t mean that the loan is forgiven. The borrower is responsible for the remaining amount.
This remark lowers your score and shows how a written-off status affects your credit score. Lenders treat this as a sign of poor repayment behaviour.
Types of Written-Off Status
| Status Type | Meaning | Impact |
| Written-Off | Loan unpaid for 180+ days | High negative |
| Settled | The borrower paid part of the amount | Moderate negative |
| Closed | Full amount paid | Positive |
| Restructured | Loan terms modified | Mixed impact |
This table helps you understand what your report is showing before planning how to fix the written-off status.
Impact of Written-Off Status on Your Credit
The written-off comment brings down your score and causes lenders to be careful.
It impacts,
- Chances of loan approval
- Interest rates
- Creditors’ trust
- New credit card access
Hence, a large number of borrowers look out for ways to remove written-off accounts and thus, regain their reputation.
Is It Possible to Delete Written-Off Status from CIBIL
The answer is yes, only when you pay the amount of your debt. No borrower can remove or change this comment directly. The only party that is allowed to change it with CIBIL is the lender. This is the only practical way to remove written-off status from CIBIL.
How to Fix Written-Off Status
To have your report corrected, please follow these steps.
1. Reach Out to Your Lender
Inquire about the amount that you need to pay. The lender will let you know whether it is possible to go for complete repayment or settlement.
2. Pay Off the Dues
Payment is required. Complete repayment will do good for your score. If you choose to settle, the comment will change to “Settled,” which is still negative but softer than written-off.
3. Obtain a NOC
No Objection Certificate shows that the account has been cleared.
4. CIBIL Dispute Submission
The NOC needs to be uploaded, and a correction requested. This is one of the most crucial steps to getting written-off accounts cleaned.
5. Observe Your Credit Changes
You must continue to watch your report until the status gets updated.
Platforms like Olyv help you track real-time changes and alert you when the lender updates your repayment history.
By following these steps, you can learn the correct way to update your loan status in CIBIL.
When CIBIL Updates Written-Off Status
| Situation | Can It Be Updated? | Result |
| Full repayment done | Yes | Status becomes Closed |
| Settlement completed | Yes | Status becomes Settled |
| Payment not done | No | Stays Written-Off |
| Wrong entry | Yes | Corrected |
| Missing documents | No | Update delayed |
This makes it easy to see how to fix the written-off status based on your situation.
How Long Does the Update Take
After the lender verifies your payment, usually CIBIL updates the report in a timeframe of 30 to 45 days. You should check your credit report often. Tools like Olyv help you to monitor report updates so that you are informed exactly when the correction shows up.
Learning how to change loan status in CIBIL prevents you from experiencing unnecessary delays.
Will Removing Written-Off Status Lead to Score Improvement
Definitely. The moment the comment changes from written-off to closed or settled, your score starts to get better.
The improvement is determined by,
- Your total repayment history
- Whether you paid in full or settled
- Other adverse marks
- Ongoing EMIs
Clearing the remark is a prerequisite if you want to completely lift the written-off status from CIBIL and reclaim your creditworthiness.
Conclusion
A written-off status affects loan approval and reduces your borrowing power.
The only way to correct it is by clearing the dues, collecting proof and requesting the lender to update your record.
Once you understand how written-off status affects your credit score and follow the right steps to clear written-off accounts, your report becomes much healthier and more reliable.
