Clearing CIBIL possible?

[sooryap]

Hi CardBhai,

I had 5-6 credit cards and defaulted on all of them and 2 personal loans which I had defaulted.

However I have settled(settlements) all the cards and personal loans 3 years ago and I am very well aware what my CIBIL report would look like. Although I'm not looking at borrowing now but I still wanted to confirm if at all in the future I would get any help from any type of financial institutions for any credit facility?

[cardbhai]

Nope. Forget it at least for the next 7 years. Depending on how long CIBIL, Experian and other Rating Companies preserve the defaulters data, you will be in bad shape as far as loans are concerned.