Cibil Credit Score

TransUnion CIBIL said the credit growth has been significant and the portfolio qualities too have remained stable because of the credit infrastructure, availability of information and objective underwriting. The CIC does not see unsecured delinquency transmitting to secured loans.

What Affects Your Credit Score & How To Build a Healthy Credit Score

Key factors affecting your credit score include length of credit history, repayment history, credit utilization, credit mix and others. By understanding how they affect your credit score you can gradually improve your credit score.

46% of those looked up their credit scores showed improvement in their ranking after checking: CIBIL report

Credit score: 119 million individuals in India were actively monitoring their CIBIL scores as of March 2024, according to a TransUnion CIBIL report.

Decoded: What RBI’s new credit information updates mean for borrowers and lenders

Effective January 1, 2025, the RBI wants lenders toreport credit data at least once a fortnight, on the 15th and the last date of the month. This is expected to ensure better risk management and more responsible credit behaviour.

Personal Finance: Four tips to build a high credit score

Aside from paying your credit card bills and loan EMIs on time, make sure that you don’t have too much unsecured loan in your books

Score & Soar: Here’s how your credit score can help land that dream job

Employers in financial services or organisations where financial responsibility is crucial, might use the services of credit bureaus to screen an applicant’s credit profile for a bird’s eye view of the hire’s financial habits.

Credit Scores: A beginner’s guide to good financial health

A score of 750 or above makes you highly creditworthy. A large government bank charges home loan borrowers with a CIBIL score of 800 as little as 8.50 percent. But someone without a credit score will pay 8.80 percent, and someone with a score between 550 and 649 will pay 9.65 percent.

Reporter's Take | How to rectify your credit score

Moneycontrol’s Shraddha Sharma gets in conversation with Preeti Kulkarni to find out what are the ways by which borrowers can enhance their credit history and get lower interest rates on loans from lenders.

Need funds for wedding: Go for loan against property

Loan against property is better for making your son‘s / daughter wedding a grand occasion. Many times people borrow money using personal loans to fund their weddings and end up paying rate of interest in the range of 18 percent to 24 percent if not more.