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

How can I Improve my Credit Score for Business Loan

Wondering how to improve credit score India before applying for a business loan? You should first get some knowledge about credit scores and how they are calculated. There are various effective methods to improve credit score for business loan. These include the following: Use your credit card wisely. Clean the credit card, clearing all accumulated dues and interest and pay your dues in a timely … Continue reading How can I Improve my Credit Score for Business Loan

Things to Consider while Acquiring an Engineer Loan

Engineer loan is minutely customised & precisely directed, to help an individual by providing enough capital. An individual when want to apply for engineer loan he/she has to satisfy the conditions that are laid by the banking institution. Herein, we discuss those ideal conditions: Applicant’s profession is a deciding factor The nature-of-work the applicant is doing, play a vital role in deciding the type of … Continue reading Things to Consider while Acquiring an Engineer Loan

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