Ways to Raise Your CIBIL Score After Job Loss and its Impact
Your personal and professional lives may become chaotic as a result of an unexpected layoff, prompting you to reevaluate your priorities and make preparations for the future. Until you can achieve financial independence and find job once more, you might also need to reexamine your spending patterns and make lifestyle adjustments. However, it is only […]
How to rectify errors in your CIBIL report?
CIBIL score is a three digit score which determines a borrower’s creditworthiness based on their past credit history and behaviour. However, there might be discrepancies in this score and the consumer CIBIL report in various areas such as the name, address, outstanding balance, dates, loans, etc. In such circumstances, a CIBIL dispute can be raised to […]
What are your rights with respect to your credit reports as a consumer ?
As a consumer, you have certain rights with regards to your credit report in India, which are established under the Credit Information Companies (Regulation) Act, 2005. These rights are designed to protect you from any inaccuracies or errors in your credit report and to give you control over the information that is being shared about […]
Credit Score, Credit Report and Credit Repair – All Your Questions and Their Answers in a short read format at one place!
Quick check: Found a lender name on your CIBIL report that you don’t recognise? See what to do about an unknown lender on your CIBIL report, or look it up in our directory of RBI-registered lenders. For example, see our pages on Vaibhav Vyapaar and L&T Finance.
After a Loan Settlement, How to Raise Your CIBIL Score?
An essential factor that aids lenders in verifying applicants’ creditworthiness is a high CIBIL score. Naturally, if you want to receive financial aid on favourable conditions, you need to have a good score. If it is impacted for any reason, it is essential to pay attention to it and take action to make improvements. Your […]
Business Loan Credit Score / Credit Report
A Business Credit Report, also known as a corporate credit report, is a detailed document that summarises an organization’s financial history based on data provided by various creditors and lenders. Other lenders will use this report to assess the subject’s creditworthiness before extending loans to them. Many organisations use a business credit report as part […]
Credit Builder Loan India
A credit builder loan is a specialized loan that is designed to cater to the need of anyone who is looking at improving their low credit score or build up a credit profile. A credit-builder loan is designed to help people who have little or no credit history build credit. A good score makes approval […]
What Is a Credit Builder Loan?
Quick check: Found a lender name on your CIBIL report that you don’t recognise? See what to do about an unknown lender on your CIBIL report, or look it up in our directory of RBI-registered lenders. For example, see our pages on Fincfriends and True Credits. Credit Builder Program A credit builder loan is a […]
Will Defaulting Education Loan Affect Credit Score?
Non-repayment of education loan can now affect one’s credit score, a top official of Credit Information Bureau (India) Ltd (CIBIL) has said. The data released by CIBIL throws significant light on education loan trends in the country. While the demand for educational loan is need based, the number of new loan accounts opened in calendar […]
What creates a good CIBIL Score?
The credit score is a three-digit numeric summary of your credit history, which is compiled from various financial institutions, lenders, and banks. The value ranges from 300-900, where 300 is the lowest score and 900 is the best score. CIBIL, which is the most common credit bureau, puts anyone with little credit history and people […]