It is very crucial to ensure that we maintain a proper record of all the transactions. By using this record, CIBIL generates a score called the credit score. The complete information is transported from the banks to the Cibil. Therefore, in some rare cases, there can be chances that there can be an error. First …
Tag Archives: Credit score check
Why is important to check your Cibil Score ?
A credit score is a critical parameter when it comes to seeing loans. The score defines your creditworthiness. All the financially active people must ensure to check your credit score on regular basis. All the credit card holders must ensure that timely payment is made. This reflects your creditworthiness. Better the score, better will be …
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Co-relation between Credit Score and Credit Report
Let us look at the distinction between the Credit Report and Credit Score : The cibil report is a comprehensive analysis of the entire credit history, including the total number of loans, EMI’s, employment details, etc. On the other hand, a credit score is a three-digit number that reflects the credit taking capacity of the …
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