Many people are unaware that getting approved for a loan and the applicable interest rate at which they get the loan are dependent on many factors other than the regular income or repayment capacity. One of the key factors banks look at before they sanction a loan is the credit score. Your credit score, which […]
Credit rating is still a developing concept in India with the first Indian credit rating bureau, CIBIL being just a decade old. The CIBIL credit report and score was introduced to banks in November 2007 and in April 2011 this facility was made available to the individuals. CIBIL also known as CIBIL TransUnion is among […]
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 […]
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 […]
Aadhaar card has emerged as one of the most important proof of identity of residents in India and is also used for availing benefits under various government services and schemes. Keeping the documents in Aadhaar updated helps in ease of living, better service delivery and enables accurate authentication. The UIDAI had earlier issued a notification…
