What is a Good Credit Score? Top 3 factors that affect your credit score

CIBIL, a part of TransUnion, is one of the RBI-approved credit rating agencies that are responsible for generating credit scores of individuals and businesses based on the data provided by the banks and lending institutions. CIBIL full form is Credit Information Bureau India Limited.  A CIBIL score determines whether an individual is likely to repay his debt or loan in time. Therefore, lenders consider it … Continue reading What is a Good Credit Score? Top 3 factors that affect your credit score

Why do Banks Check your CIBIL Score before a Loan Approval? Get to Know Here

To know what is a good CIBIL score, you have to first know everything about your credit score. CIBIL is a credit information company that provides this score based on your Credit Information Report (CIR). The CIR or credit report stands for your finanical record. These data are collected by CIBIL from the financial institutions that have provided you with a credit. Some of the … Continue reading Why do Banks Check your CIBIL Score before a Loan Approval? Get to Know Here

Here’s How you can Make Sure that your Credit Score is Healthy

Summary: If one takes a closer look, it is evident that even a few years back people were unaware of what CIBIL score really meant. However, it is really important to make sure that your CIBIL score is on the higher side. There are several ways to make sure it is. Read on to know more. Before diving straight into the topic, it is best … Continue reading Here’s How you can Make Sure that your Credit Score is Healthy

Here’s How to Decipher CIBIL Report

CIBIL score is one of the most crucial factors for people planning to take a loan, especially if they have an unsecured loan in mind. Now, given the probabilities of a person taking a loan is quite high, your chances of applying for a credit report is equally high. Thus, you must know how to read your CIBIL report. If you agree, here’s how to … Continue reading Here’s How to Decipher CIBIL Report