Banks or NBFCs offer secured and unsecured loans to help you meet your financial requirements. However, here are some important things like how to increase your CIBIL Score, how to maintain good Cibil to consider before you apply for any type of loan: 1. Interest Rates: Different banks or NBFCs charge different interest rates on loans. The unsecured loans attract high-interest rates, whereas the secured … Continue reading What Are The Things to consider When applying for a Loan?
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
Since most experts believe checking your credit score at least once a year is a good habit, most people are likely to do that. But, doing so doesn’t make sense if you don’t know how to comprehend the details shared in CIBIL report i.e. how to read credit reports. Therefore, below is a small guide on how to read and understand one’s credit report. … Continue reading How To Decode And Understand The Data Shared in Your Credit 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