Credit Builder Loan India
A credit builder loan is a specialized loan that is designed to cater to the need of anyone who is looking at improving their low credit score or build up a credit profile. A credit-builder loan is designed to help people who have little or no credit history build credit. A good score makes approval […]
What Is a Credit Builder Loan?
Credit Builder Program A credit builder loan is a specialized loan that is designed to cater to the need of anyone who is looking at improving their low credit score or build up a credit profile (new to credit). In the current market scenario, a healthy Credit Score is important to avail credit facilities from […]
Top 10 Instant loan apps for Low Credit Score
A personal loan is a boon for borrowers as people can use it in an emergency or when they have a shortage of funds. Borrowing money is no longer frowned upon. Young Indians have taken out loans for a variety of purposes, including studying abroad, financing a trip, upgrading their house, buying a car, and […]
Loan rejected due to bad CIBIL Score
What creates a good CIBIL Score? CIBIL, which is the most common credit bureau, puts anyone with little credit history and people with a very high risk of default in the range of 300 credit score. However, there are chances your score may be less than 300 when you have no credit history. In this […]
What creates a good CIBIL Score?
The credit score is a three-digit numeric summary of your credit history, which is compiled from various financial institutions, lenders, and banks. The value ranges from 300-900, where 300 is the lowest score and 900 is the best score. CIBIL, which is the most common credit bureau, puts anyone with little credit history and people […]
Myths about Credit / CIBIL Score
CIBIL aims to bring in more transparency to the loan approval process in the country, in that customer now have an understanding of the seminal factors which lenders analyse to gauge creditworthiness. CIBIL reports, generated on a monthly basis (as mandated by the RBI), help lenders evaluate and approve or reject loan applications, as the […]
Top 10 FAQs about Credit Score
1. How can I improve my CIBIL Score? You can improve your CIBIL Score by maintaining a good credit history, which is essential for loan approvals by lenders. Follow these 4 steps which will help you better your score: The following factors are to be considered in case to improve your Credit Score:- 1. Make […]
What are the Legal issues for a Personal Loan Default in India
Money without any security would mean high interest rates are charged by the banks on these types of loans as this would in future become a risky situation for a bank. The banks do not give these types of loan to everybody the banks give personal loan to a person who has a good track […]
Credit / CIBIL Disputes
CIBIL score is a three digit score which determines a borrower’s creditworthiness based on their past credit history and behaviour. However, there might be discrepancies in this score and the consumer CIBIL report in various areas such as the name, address, outstanding balance, dates, loans, etc. In such circumstances, a CIBIL dispute can be raised to […]
Personal Loan without CIBIL
A Personal Loan is an unsecured loan given to a salaried person with a decent credit score. A credit score is thus an important determinant for any applicant for taking a loan. It defines your creditworthiness and helps us approve your loan application. However, your credit score is necessary for us to evaluate your value […]