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 biggest indictors of your financial health. Unfortunately, awareness around the concept of credit score and the critical importance it holds in one’s life is low in India. Even those who know about Credit Score often ignore or undermine it. Your Credit Score represents your financial trustworthiness and it […]
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 […]