Loan Settlement and How it affects your Credit Score?
Settlement of a Loan is frequently confused with loan closure. But because they are two distinct concepts, they have differing effects on credit scores. The loan account will naturally terminate once the loan has been repaid if you make your monthly payments consistently and on time during the duration of the loan. The same information […]
After a Loan Settlement, How to Raise Your CIBIL Score?
An essential factor that aids lenders in verifying applicants’ creditworthiness is a high CIBIL score. Naturally, if you want to receive financial aid on favourable conditions, you need to have a good score. If it is impacted for any reason, it is essential to pay attention to it and take action to make improvements. Your […]