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 …
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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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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 