Category: Credit Report

Your credit score is a key to unlock various financial opportunities. Therefore, one must never take their credit scores lightly. If you thought that only loan defaults can hurt your credit score, think again. The plastic card that has become an indispensable part of your life is one of the major causes of dent in...

We have said this time and again that a good credit score is important to secure loans at best rates. It often happens that to establish strong credit, people use credit cards, get their credit limit increased but subsequently get swayed by expenses that come along with it. While establishing credit is easy, reaching a...

A good credit score is vital to get your loans or credit cards sanctioned from lenders. But not many people know of this and often apply for a loan or credit card without checking their credit scores. When lenders deny their loan application due to low credit score they fret as they don’t know what...

Are you one of those who have never applied for a credit card or loan? If yes, then most likely you do not have a credit history. If you’re just starting with your credit journey and need guidance to build it the right way, we’re here to help. A good credit score is the key […]

The Reserve Bank of India, India’s apex bank, has set up a new high level task force which would focus on developing a Public Credit Registry (PCR) according to a Hindu Business Line news report. This high level task force is expected to help develop a road map designed to help provide a roadmap for […]

Credit score is one of the first terms that people get acquainted with when they start learning the basics of personal financing. It is an important term that everyone should know about as this 3-digit score holds the power to influence lenders in your favour when you apply for a loan.   Though having a […]

California based analytics software firm FICO has recently announced the launch of FICO Score in India. The company provides credit scoring services in the United States and is also rolling out an alternative data score, FICO Score X Data India. The two credit rating services- FICO Score and FICO Score X Data India- will help […]

A great man once said that the greatest enemy of knowledge is not ignorance; it is the illusion of knowledge. Like some people live in an illusion that no credit history will keep them in excellent credit score range. While it may seem logical to them as they never took a loan from a bank […]

Your Credit Score is one of the most important factors that determine whether your loan application will be approved by a bank. A poor Credit Score can lead to outright rejection or access to credit at a much higher rate of interest. But now, your Credit Score may lead to rejection for job interviews and […]