You would have came across this term “Settlement” in your credit report. There are 4 RBI approved credit bureaus they are CIBIL ,Experian , Equifax and Highmark. The term settlement is explained below Settlement Settlement means the Banks or the…
What is settlement in Credit Report?
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What is written off in Credit Report?
You would have came across this term “Written Off” in your credit report if you have checked your report. There are 4 RBI approved credit bureaus they are CIBIL ,Experian , Equifax and Highmark. The term written off is explained…
Written-Off vs Settlement in Credit Report
You would have came across this term “Written Off” in your credit report. There are 4 RBI approved credit bureaus they are CIBIL ,Experian , Equifax and Highmark. The term written off is explained below Written-Off If the banks cannot…
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….
Is getting a free credit report safe?
Getting a free credit report can be safe if you are careful about the particular website from which you get it. Credit reports are provided by the three major credit reporting agencies: Equifax, Experian, CRIF and CIBIL TransUnion. Credit reports display…
What are the facts to know about CIBIL Score?
Knowledge about CIBIL score is essential not only for people with credit histories but also for the ones that have not applied for a credit card or a loan yet. A CIBIL score is a 3-digit credit number that is…
All about CIBIL Score
Will 1 hard enquiry affects Credit Score? Yes, hard enquiry will always have an impact on your CIBIL Score.There are two types of enquiry available they are:- Hard Enquiry are usually done by Banks/NBFCs in case you have applied for any…
Debt Trap-Credit Cards
The following are the ways to avoid Credit card Debt Traps 1. Take stock of the situation The first and most important step to take is to acknowledge the problem in hand. If you become a defaulter on your repayment…