Tag Archives: CIBIL

What Everyone Must Know About CIBIL

CIBIL is one of the leading credit information bureaus in India. Here’s all the information that you need to know about this institution.

4 Things You Must Check In Your Credit Report

Checking your credit report regularly is like going for regular health check-ups. It ensures that you’re in good shape financially. Read on to know more.

7 Ways to Murder Your Credit Score

WHO KILLED MY CREDIT SCORE? – This latest murder-mystery by Agatha Christie will have you spell-bound as Hercule Poirot takes on CIBIL to unravel how one man’s poor credit score led to murder and identity theft as part of an intricate bank loan scam. Ok, so credit scores aren’t exactly Agatha Christie material. But if… Read More »

Home Loans: Between The Lines

We’re Answering Some ‘Un’frequently Asked Questions. Applying for a home-loan is a big decision and requires some serious contemplation. It involves a constant stream of funds leaving your bank account for many years. While one may take an informed decision, research shows that the finer, important points are still missed by customers quite often. Enter… Read More »

All you Need to Know Before You Get a Car Loan

Car Loan Jitters? Here’s Some Help!  Airbags are important in a car, so are a few other things.Informed decisions – the order of the day. Here are a few things you need to remember: Get A Quote 1. Get Down With The Down Payment! Save up and increase the amount of down payment as much… Read More »

Are You Hurting Your Credit Score Unknowingly?

With Credit Cards, making timely payments isn’t the only thing to remember. It’s time to review your habits. Here are few examples of Credit Card behaviour that might come off as healthy but actually hurt your credit score. Let’s review: Making A Minimum Payment Every Month Yes, you are making a payment every month. No,… Read More »

How to trade your CIBIL score for an Aston Martin!

Have you found yourself in this situation? You apply for a personal loan and are rejected! You are stumped. How could this be? You’ve got everything in order and you know you have a credit history that the bank can check. It’s not all about getting to the finish line but also how you got… Read More »

Credit checks: How to lose a job

  Slap your back, treat yourself to a sinful sauna session and scrape all those photo-bombed selfies from your Facebook page. That fairy-tale job you’ve been pursuing doggedly is now yours. The interview rounds are done and you’ve been asked to submit the necessary paperwork to set the hiring process in motion. Only, the ‘Welcome… Read More »

What is CIBIL?

CIBIL acts as weeding mechanism, that helps identify poor repayment track records. It helps protect lenders from giving credit to people and establishments who are unlikely to repay what is lent. Even if credit is provided, it is done so at a very high rate of interest, thereby ensuring that the bank is able to… Read More »

Checking your credit information report for inaccuracies

Pratima Mathur was feeling extremely angry. How could the bank do this to her? She was a stickler for immaculate money management skills. She never once defaulted or made a late payment for that matter even on her telephone bills.