Credit Report

How to correct your credit report after a settled loan

Old settled loans can silently pull down your credit score — here’s how to set the record straight.

Why checking your credit report regularly is vital for your financial health

Just like regular health check-ups prevent serious illness, reviewing your credit report helps maintain your financial well-being.

Building credit history: A guide for new-to-credit borrowers

New to credit? Start with a credit card or secured card, use it responsibly, and repay on time. Monitor your report and avoid common mistakes to build a strong credit score

How to get a free credit report from all four credit bureaus in India

Here's how you can get your free credit report every year from CIBIL, Experian, CRIF High Mark, and Equifax.

Loan closed but credit report says otherwise? Here’s how to fix it

Closing a loan should be the end of your worries, but when it still appears as “active” on your credit report, it can be frustrating. Your credit scores could be lowered or applications rejected—there are numerous unexpected, but serious, consequences of a delayed loan closure. Here’s how to resolve them quickly to preserve your creditworthiness.

Credit report decoded: What loan agents won't tell you about your credit report

Behind every lending decision lies your credit report—but there is more to it than lenders admit. Here's what you need to know to gain control.

Common credit myths you can stop worrying about

Worried that viewing your own credit report or having multiple savings accounts will damage your credit score? Here's the truth about some of the most common credit myths.

Can you have loan enquiries deleted from your credit report? Here's what you need to know

Loan enquiries can affect your credit score—but it doesn't always have to happen or be deletable.

Credit score vs credit report: What’s the difference and why it matters

Understanding the key differences between a credit score and a credit report can help you manage your finances more effectively.

Women borrowers on the rise, CIBIL-Niti Aayog report shows 22 percent CAGR over five years

Gold loans have emerged as a preferred borrowing option for women, with 4 crore loans worth Rs 4.7 lakh crore accounting for 38 percent of all loans taken by women in 2024. This represents a five-fold increase in gold loan volumes since 2019.

Credit Report: A step-by-step guide to read credit score report in detail

Decoding your credit report can help you to manage your financial health effectively. By understanding the various sections you can catch errors early and improve your credit profile over time.

Five common credit score myths

Credit Score Myths and Facts: Dispelling credit score myths is crucial as misconceptions can lead to mistakes that impact our financial paths. Knowing the facts not only enhance our knowledge but also helps us to make smarter financial decisions.

What is the average credit score in India and how to improve your credit score

A strong credit score is key to securing the best loan offers and credit cards. Learn more about the average credit score in India according to recent studies.

What is credit utilisation? Here's how it affects your credit score

Credit utilisation ratio reflects how much of your available credit you're using. A lower ratio indicates responsible credit usage and positively impacts 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.

MC Explains: RBI's new credit reporting rules explained | Impact on borrowers and lenders

The RBI's new mandate requires lenders to update credit data twice a month instead of monthly, starting January 1, 2025. This change aims to improve risk assessment and credit behavior monitoring. Moneycontrol’s Payal Tiwari explains how this shift will affect your credit score, borrowing behavior, and the way lenders evaluate risk.

How to maintain your credit score this festival season

When you borrow, ensure you have a mix of secured and unsecured loans. And never overborrow. A high credit score can empower you and facilitate greater future spending at a lower cost.

Your credit score report: How to ensure accuracy and maintain a healthy credit profile

Errors in your credit report can dent your chances of getting a loan or even a credit card. If you spot errors, make sure you get them rectified at the earliest.

Do you exhaust your credit card limit often? Your credit score could come under pressure

Late or missed loan and credit card payments can impact your credit score adversely. Credit score checks by different banks while processing your loan application too, can have a temporary negative impact. But if you check your credit score, that will not have a negative impact.

Looking out for lower interest rates on home loans? A good credit score helps

If you credit score is over 750-800, most banks and housing finance companies will offer their best – that is, lowest – interest rates to you.

The right way to get the first credit card and build a credit history

You can apply for a credit card from a bank you have your salary account with or opt for a secured credit card. Top tips: purchase consumer electronics on monthly instalments and, most importantly, repay before the due date to build a good credit history.