Credit Score

Credit Score 6 min read
Can a Loan Settlement Affect Your CIBIL Score?

Various factors negatively impact your CIBIL score, which brings down your creditworthiness in the view of lenders. Opting for a loan settlement is one such factor that can drastically bring down your credit score. But what is a loan settlement? Loan settlements are often confused with loan closure. However, they are entirely different. Therefore, before ... Can a Loan Settlement Affect Your CIBIL Score?

Credit Score 7 min read
How to Take Your CIBIL Score from 360 to 800 in a Year?

The Credit Information Bureau of India (CIBIL) provides a three-digit credit score to anyone who has ever accessed credit. If you have a credit card or you have taken a loan, your CIBIL score will increase or decrease depending on repayment behaviour. A high or low CIBIL score brings in certain benefits and disadvantages, respectively.  ... How to Take Your CIBIL Score from 360 to 800 in a Year?

Credit Score 7 min read
Credit Rating: What It Is and Why Is It Important

A loan is simply a contractual financial promise. The likelihood that a borrower will be able and willing to repay a loan within the terms of the arrangement without a default is determined by their credit rating. In this article, we are going to talk about what credit rating is and its importance. Keep reading ... Credit Rating: What It Is and Why Is It Important

Credit Score 5 min read
These 5 Things Won’t Hurt Your Credit Score

You may have heard or read about several suggestions on what can negatively affect your credit score. However, very often, it’s difficult for everyone to segregate between facts and myths. This blog post will take you through four important points that will not hurt or impact your credit score. Keep reading to stay informed. What ... These 5 Things Won’t Hurt Your Credit Score

Credit Score 6 min read
How Does Your CIBIL Score Affect Employment Opportunities?

The TransUnion Credit Information Bureau (India) Limited (CIBIL) issues credit scores to borrowers based on their past credit behaviour. This score is called the CIBIL score and remains the most widely used among lenders in India. But how does this affect your employment? To answer this question, you must first understand the traits that can ... How Does Your CIBIL Score Affect Employment Opportunities?

Credit Score 7 min read
What Is the Minimum CIBIL Score for a Personal Loan?

Access to different loans allows borrowers to meet different financial needs. Among these options, personal loans are considered one of the most popular funding options that aid individuals during a financial crisis. For the same, the CIBIL score becomes a determining factor when applying for such unsecured loans. What Is the Minimum CIBIL Score for ... What Is the Minimum CIBIL Score for a Personal Loan?

Credit Score 5 min read
CIBIL Dispute Resolution: How to Raise, Resolve and Check Status

CIBIL Score is a 3-digit numeric summary of your credit history.. It ranges between 300 to 900. The closer your score is to 900, the better your credit rating is. The Credit Information Bureau (India) Limited (CIBIL) is the most popular of the four credit information companies licensed by the RBI. There are three other ... CIBIL Dispute Resolution: How to Raise, Resolve and Check Status

Credit Score 7 min read
CIBIL Credit Report: What Is Credit Score & How to Check Credit Score Online

If you are looking forward to applying for any credit facility to finance your personal or professional expenses, check your CIBIL score to ensure hassle-free credit approval.  This score is an assessment of the credit behaviour of an individual and the repayment habits that the financial institutions share. Keep reading to learn more about CIBIL ... CIBIL Credit Report: What Is Credit Score & How to Check Credit Score Online

Credit Score 8 min read
Credit Inquiry: Definition, Understanding & Importance

A healthy credit score indicates your reliability and worthiness as a customer. It helps you secure loans with preferential interest rates and additional benefits. However, any financial institute carries out an inquiry before making any lending decisions.  Therefore, you must be aware of the different types of credit inquiries and how they affect your credit ... Credit Inquiry: Definition, Understanding & Importance

Credit Score 6 min read
How to Improve Your Credit Score Immediately- 10 Smart Ways

CIBIL is one of India’s four authorised credit bureaus, and it is renowned for providing detailed reports on the creditworthiness of individuals This CIBIL score reflects an individual’s creditworthiness and plays a vital role when applying for any form of credit. Continue reading this article to know how to improve your credit score and thereby ... How to Improve Your Credit Score Immediately- 10 Smart Ways

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