Understanding your CIBIL report is crucial for getting an insight into the financial health of an individual. A CIBIL Score acts as a credit report card, that summarises your creditworthiness through a credit score and detailing your borrowing history. By…
Changing the spelling of your name requires updating your details across all relevant records to avoid future discrepancies or misunderstandings with lenders. If you’ve recently altered the spelling of your name and are wondering how this might impact your credit…
CIBIL score undoubtedly is the cardinal assessment of your financial well-being. Trans Union CIBIL is India’s biggest credit card information company, with a repository of over 600 million individuals and 32 million businesses. Most lenders and issuers in India check…
The Enquiry Control Number (ECN) plays a vital role in streamlining the loan application process in India. It is generally a unique nine-digit alphanumeric code assigned to your CIBIL report by CIBIL (Credit Information Bureau India Limited). This code acts…
Understanding the information included in your CIBIL report is crucial for managing your credit health. From decoding terms like “STD” to monitoring your payment history and credit score, knowing how to interpret and maintain your CIBIL report can positively impact…
A car loan is one of the major loans that is availed by Indians to make their dream come true of having one’s car. Offered by leading banks, the funds offered along with the car loan have to be used…
A credit rating is an essential factor that helps to assess the creditworthiness of a person or organisation. The score that is awarded to them by the agencies reflects their efficiency in paying back debts or fulfilling financial obligations. The…
The CIBIL score is a crucial factor influencing your financial well-being. It impacts your ability to secure loans, and credit cards, and even get the best insurance rates. In India, the credit score is determined by CIBIL (Credit Information Bureau…
Unintentional slip-ups can significantly impact your credit score. Missing payments on loans or credit cards is a big one, as these stay on your report for years. Maxing out your credit limits can also be risky, thus showing your report…