Is Your CIBIL Score Getting You Down
One of the most important markers of your financial wellness is your credit score. Unfortunately, in India, there is a lack of understanding about credit scores and their relevance in one’s life. You may improve your credit score by following some fundamental rules. However, even if you were doing something you felt was beneficial, the […]
Business Loan with low CIBIL Score or Bad Credit
The Indian economy is constantly growing with small businesses. Business loan seems like a dream come true. Sometimes, to avail a business loan in India, several challenges arise. 1. Secured Business loans Secured loans are where the person/s when starting a new business can pledge any asset like gold or property that they have as […]
CIBIL Defaulters Loan
At present, neither any of the banking or credit rating institutions nor CIBIL issues a list for the CIBIL defaulter. In any case, if you seek a loan and your application is rejected by a banking institution, the plausible reason for the same may be your low credit scores which maybe because of a bad payment record. So, one should […]
How to raise my Credit Score?
It pays to have a good credit score. A high score can get you better and quicker loans. However, a low CIBIL score can be terrifying for those individuals who have an urgent need for money; this can affect their borrowings adversely. You can build up your credit score with these 10 smart moves. However, […]
7 ways Students can build Good Credit Score
A good Credit Score is a key factor for a lot of important things in life. It will come into play when you apply for a car loan, a mortgage and credit cards. However, a good credit score may also be a factor in ways that you haven’t thought of. One of the most exciting […]
7 reasons to check your Credit Report
A lender generally uses a loan or credit card applicant’s credit score to evaluate the person’s eligibility to avail of these facilities. The lender also factors in the person’s credit score while fixing interest rate for loan repayment. Therefore, it is essential for borrowers to maintain good credit scores. To do so, one can fetch one’s credit […]
How to Dispute Errors in your Credit Report?
Credit bureaus in the country collect individual data and prepare a credit report. They also calculate the credit score using their proprietary algorithm. However, there could be errors in your credit report that can hamper your chances of getting a loan approval. If you identify an error on your credit report, you should start by […]
Can I get a Loan with a Credit Score of 600?
Personal loans are one of the easiest loans to acquire. They are unsecured loans, which mean one does not need to offer collateral. They can be used for a multitude of purposes. There is minimal documentation involved and a relatively shorter processing time as well. However, one of the most important considerations when applying for […]