Why are we so concerned about our credit score? How can I manage My Cibil Score ? Let us understand : It is not only about the loans. However, it can offer so man other benefits to us. Less interest rate More savings Some sneaky ways to get a good credit score? 1) We all …
Category Archives: Credit score
Some hacks to get a good credit score
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 …
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 …
Continue reading “Avoiding Common Mistakes in terms of Credit Score”
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 …
Continue reading “The Thin line of gap between Credit Score and Credit Report”
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 …
Continue reading “Ways by which we can fix our Credit Score”
Things to keep in mind before calculating your credit score
It is a well-known fact that credit score is an extremely crucial factor when it comes to getting your loan application accepted. However, even after knowing this fact, it is easy to commit some mistakes which hamper credit score. That is why below listed are those mistakes which you need to be very conscious of …
Continue reading “Things to keep in mind before calculating your credit score”
Impact of credit score on loan !
Taking loans have become an essential part of life in today’s economic sphere. When you decide to take a loan, you think of signing a contract with the given terms and conditions. A credit score can be defined as belief or trust in your repaying capacity. Repaying capacity as in whether or not lenders believe …
Credit score 