Credit Score Credit Score is a three-digit number range from 300-900 that relates to how likely you are to repay debt. Banks and lenders use it to decide whether they’ll approve you for a credit card or loan. Most people…
Credit Score – Myths
CIBIL aims to bring in more transparency to the loan approval process in the country, in that customer now have an understanding of the seminal factors which lenders analyse to gauge creditworthiness. CIBIL reports, generated on a monthly basis (as…
Written Off vs Settled 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…
Banks start linking Loans to Customers’ risk profile
Three public-sector lenders Bank of Baroda, Union Bank of India and Syndicate Bank have taken the first steps in transparently segregating retail loans into their own versions of prime and subprime risk exposure, using third-party credit scores of potential borrowers…
Ways to get Personal Loan for CIBIL Defaulters
Defaults are troublesome and can have wide-ranging impacts on your life and finances, terribly affecting your quality of life in the process. They’re often seen as signs of poor financial management something that isn’t taken pleasantly by lenders. The good…
What Credit Score do I need to get a Personal Loan?
The range of CIBIL Score is 300–900, usually Credit Score above 700 are considered to be good. But less than 700 score doesn’t mean you have a bad Score, it is an average Score. More importantly, you can get loans…
5 Things lenders check besides your Credit Score
Credit Score isn’t the only thing that could make or break your ability to get a loan or line of credit. Many lenders – mortgage lenders, especially – will also calculate a potential borrower’s debt-to-income ratio to determine whether they’re…
How can I get a free Credit Score from Experian?
The following are the process of getting your Free Experian credit report online: 1. Visit Official Experian website In this page you will be asked to create to enter your Name Email Id Mobile Number OTP will be sent to…
Step by step process to get Free Equifax Credit Report
Equifax Credit Score can be obtained only through app. 1. Download our Equifax App from Google Playstore or the iOS App store 2. Login to the Equifax App – Provide your email address to receive your temporary pin 3. Login using your…
Step by step process to get your Credit Score from CRIF?
The following are the process for getting your free Credit Report from CRIF: 1. Visit CRIF official website 2. Click on get your Credit Report now. A window asking for Email Id will appear you can also log in with Facebook…