How to remove Consumer Durable Loan Account from Credit Bureaus if I don't ever want to use Slice borrow feature?
Why should I bear Loan account even if I don't intend to borrow any Loan amount?🤔
If Anyone has successfully closed this Laon account from Quadrillion Finance, Please share complete steps here which can be helpful for many fellow dimers here 🙏
Slice doesn't want to just close the borrow/loan line.. so you got it activated already then there's nothing you can do about it
Note: For new accounts, Slice borrow is not activated by default but then the prepaid card is also missing
getready wrote:SliceCard is a prepaid card backed by SBM bank & nothing to do with Loan account of Quadrillion Finance. then why can't they close such loan account for users who don't want to borrow loan? It's a wrong business practice i guess.Slice doesn't want to just close the borrow/loan line.. so you got it activated already then there's nothing you can do about it
Note: For new accounts, Slice borrow is not activated by default but then the prepaid card is also missing
getready wrote:Also wondering What else New User are getting in new slice accounts, if Prepaid card is not there?🤔 only UPI?😳Slice doesn't want to just close the borrow/loan line.. so you got it activated already then there's nothing you can do about it
Note: For new accounts, Slice borrow is not activated by default but then the prepaid card is also missing
ViralDimer wrote:
SliceCard is a prepaid card backed by SBM bank & nothing to do with Loan account of Quadrillion Finance. then why can't they close such loan account for users who don't want to borrow loan? It's a wrong business practice i guess.
You can get this closed by complaining to rbi if slice is not interested to close loan account.
Gauravmittal49589 wrote:You can get this closed by complaining to rbi if slice is not interested to close loan account.
Why RBI when Slice is ready to close your account? (just dm them on twitter). They're not interested in closing borrow feature alone
ViralDimer wrote:Yes, just the UPI (useless for offers). Borrow feature is there to activate anytime
Also wondering What else New User are getting in new slice accounts, if Prepaid card is not there?🤔 only UPI?😳
ViralDimer wrote:
SliceCard is a prepaid card backed by SBM bank & nothing to do with Loan account of Quadrillion Finance. then why can't they close such loan account for users who don't want to borrow loan? It's a wrong business practice i guess.
This may be the case now but back when they issued this card, it was linked to loan/PayLater account (now it must be unofficially linked to Slice borrow, since the card is unavailable for new users)
getready wrote:Why RBI when Slice is ready to close your account? (just dm them on twitter). They're not interested in closing borrow feature alone
Oh i thought slice is not interested in closing account so in this case @ViralDimer you should dm slice to Twitter.
Gauravmittal49589 wrote:That I can do. But my point is that They should stop doing wrong business malpractice & close only Loan accounts as SliceBorrow, SliceMini & SliceUPI are 3 different products of same company, Not a single product.Oh i thought slice is not interested in closing account so in this case @ViralDimer you should dm slice to Twitter.
I raised ticket to close borrow account alone and keep mini active. No response from their end.
ViralDimer wrote:Then you can try reaching rbi maybe they can help.
That I can do. But my point is that They should stop doing wrong business malpractice & close only Loan accounts as SliceBorrow, SliceMini & SliceUPI are 3 different products of same company, Not a single product.
It's like If you open Saving account with XYZ bank, then you will be forcefully given Loan account,Insurance,Demate account etc products of same company. Isn't it a wrong Business Malpractice?
You can close just the borrow account, i did this last week for mine and my brother's account.
Slice Mini is working fine, and the "Borrow" tab on app is now showing "Account on hold" for us. Got the NOC as well from Slice for the same.
So there's no issue from Slice on closing just the borrow account as some users are mentioning, i just mailed them and later asked on Twitter for updates on that ticket as there was no response on it in the initial few days.
game.ruler wrote:You can close just the borrow account, i did this last week for mine and my brother's account.
Slice Mini is working fine, and the "Borrow" tab on app is now showing "Account on hold" for us. Got the NOC as well from Slice for the same.
So there's no issue from Slice on closing just the borrow account as some users are mentioning, i just mailed them and later asked on Twitter for updates on that ticket as there was no response on it in the initial few days.
Explain the process?
game.ruler wrote:I think i already did. Just mail them asking to close only the borrow account, if they don't reply in a few days then tweet them and they will revert quickly.
Thanks for the info, tried the same via twitter one week back and they sent the NOC today and app shows borrow account on hold.
You can close just the borrow account, i did this last week for mine and my brother's account.
Slice Mini is working fine, and the "Borrow" tab on app is now showing "Account on hold" for us. Got the NOC as well from Slice for the same.
So there's no issue from Slice on closing just the borrow account as some users are mentioning, i just mailed them and later asked on Twitter for updates on that ticket as there was no response on it in the initial few days.