Building a good credit score is very important. For making any investment, having a good credit score is a must. Let us see how a regualr cibil score check can be helpful : 1)Timely payment of bill :Of course, this is RULE-1, A convenient payment is considered to be a must.2) Credit Utilization: Again, the …
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Avoiding Common Mistakes in terms of Credit Score
Maintaining a good credit score is very important nowadays if you want to avail loans and credit cards of your choice without getting rejected. But borrowers should be aware of how they can maintain a good credit score and what mistakes could harm their score. There are certain mistakes which an individual needs to avoid …
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The Thin line of gap between Credit Score and Credit Report
Checking Credit score is a good financial habit, that one should follow like a ritual. A credit report is like a report card that depicts all your banking transactions, including borrowings and prepayments. A credit score and credit report are two different things; a credit score is a numerical figure that derives the credit report’s …
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Truth’s about Credit Score
A credit’ score is a mirror to your financial health. Maintaining a good credit score is an essential factor that can boost your credit health. You can assure your credit health by knowing the below mentioned: Avoid too many inquiries: It is better to avoid too many queries at the same time. This usually happens …
Learn about Credit Score
A credit score is three-digit numeric figure that depicts one’s financial position. Cibil Score is evaluated on the basis of criteria decided by three Bureaus -Equifax, Experian, and Transunion. However, these bureaus are governed by the Fair Credit Reporting Act (FCRA). A credit score can be checked through any Bank, Credit Card companies, or Credit …
Ways by which we can fix our Credit Score
A credit score depicts the creditworthiness of an individual through a numerical figure. It represents one financial stability to take a loan and to repay it. A credit score is thus an essential point of consideration for lenders to lend credit to any person. It is ranked on a score of 300-850, and any score …
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Fix for having a Perfect Credit Report
A credit report is an essential document required to maintain one’s reputation in the credit market. Further, it represents a person’s financial credibility in terms of their credit history. This makes it essential for an individual to keep a check on one’s credit score and keep it error-free. A credit report could be made error-free …
Why everyone has a different Credit score ?
A Credit score is an essential parameter that a lender looks at before allowing the borrower to borrow credit. It imparts the credit history of the borrower by providing an insight into the late and timely payments, and the loan is taken and repaid. Many credit agencies give a credit report based on the credit …
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Difference between Cibil Score and Cibil Report
CIBIL report and CIBIL score often confuse people in the financial market. A CIBIL report is a report by the Credit Information Bureau (India) Limited. It shows details of a credit borrower in terms of financial history collected from Banks or NBFCs. This report brings into consideration all private information of the borrower, such as …
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Some dosage related to Credit Score
Cibil Score is a critical factor in all aspects of your credit. It plays a crucial role in deciding your eligibility for loan and credit card along with determining the maximum loan amount or credit limit as well. A credit score is expressed in the form of a three-digit number ranging between 300-900. Apart from …
Credit score 