Why your credit report remarks matter more than high credit score?

So, you have been reading a lot about CIBIL these days and you have got an impression that having a high credit score like 800 or 850 is a key to get your any kind of loan? If that’s the case, let me break your myth that having a high credit score is not a […]

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How Wrong CIBIL report’s have harassed & destroyed many investors life ?

A few years back, India was introduced to the world of “Credit Bureaus” and “Credit Scores”. Credit Bureaus track an individual’s credit history and create a report from that data. So all your financial history including credit cards, loans, the timeliness and regularity of your repayments and the number of times you have sought credit, […]

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CIBIL marketplace – Get Customised loan offers based your credit score

CIBIL has introduced a new facility called “Cibil Marketplace“, which will act like a portal where a person can get customized loan and credit card offers based on his cibil score. Right now, what happens is – when a person applies for some kind of loan or a credit card, the lending institution checks his […]

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Days Past Due (DPD) section – What is the meaning in CIBIL Report ?

You might have seen a section in your Cibil Report which says DPD (Days Past Due). While Loan Status and Credit Score matter a lot when it comes to getting a loan approved or rejected, a big myth among people is that a clear report (without SETTLED or WRITTEN OFF status) and a credit score […]

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CIBIL Score 2.0 – An Improved version of Credit Scoring

CIBIL has recently come up with Cibil Transunion Score 2.0 which it calls an improved version of the CIBIL Credit Score. This new Credit Score will help in a better identification of new borrowers (having credit history of less than 6 months) and help classify them into risky and not-risky categories. More about CIBIL Score […]

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Shocking ! – Job Rejection due to Bad CIBIL Report

Your credit score is going to affect your Employment. You can face job rejection due to it! . Yes – that’s happening already. A lot of companies especially Finance and Software Companies have started asking candidates to present their CIBIL report and score (or any other credit report) at the time of  interview and it […]

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Want a Loan ? Pay your phone/electricity bills on time !

Is there a way to determine whether or not it is risky to lend ‘You’ money? How do I know that you wont be a bad customer one day? Very simple – Just look at your credit history and see if you paid your dues on time or not; How many times you were late […]

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8 tips to Improve CIBIL Score !

Is your CIBIL report and Score messed up ? Then the biggest question you must be having is “How to Improve CIBIL Score ?”. “Bad credit score” is really a scary phrase these days. Many people are stuck with a bad credit score/report due to their own or credit card company mistakes, but most of […]

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Loan Settlement hurts Cibil Report & Score !

Did you do any loan settlement in past ? That will surely affect your CIBIL report and score ! . Before we look at that, look at this data – Over 88% of new home loan borrowers in 2011 had a CIBIL score of 750 and above. Do you have a score of 750+ or not […]

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Equifax Credit Report – A new credit score in India

Today we will look at Equifax Credit Report given by Equifax – a worldwide credit bureau. It has started giving credit reports and credit scores in India just like CIBIL (read about CIBIL Credit report). CIBIL was the first credit bureau in India that initiated giving credit scores for individuals. Banks and other lending institutions […]

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