The terms Settled & Closed are terms often viewed in the CIBIL history, what is the reflection of these terms on the creditworthiness & the CIBIL score: it is important to be aware of [...]
As the saying goes” Money maketh a Man” it is by viewing the CIBIL history of an applicant that puts forth the complete financial history.The CIBIL score is the rating or scoring given to an [...]
The CIBIL score is the rating given to individual on the basis of the performance of the various credit lines used by the customer; a good credit score will enable the applicant to get easily [...]
ArthaYantra.com | Last Updated: July 16, 2013 14:10 (IST) Loans are important part of modern day personal finance. Most of us rely on loans for funding our higher education, new car or home etc. [...]
My loan has been rejected because of the defaults reported against my name in CIBIL records. How do I remove my name from the CIBIL's defaulters list? CIBIL doesn’t maintain a defaulters list. We maintain [...]
Vineet Jain Consequently, a third loan is taken from the market which is used to pay the second loan and so on. Feeling trapped in the vicious circle of borrowing and repayment? Cannot [...]
The Credit Information Bureau (India) Limited is India’s first Credit Information Company (CIC) founded in August 2000. CIBIL collects and maintains records of an individual’s payments pertaining to loans and credit cards. These records [...]
Know your customer or commonly known K.Y.C is an important procedure which the bank inculcates for smooth functionalities. As the name suggests K.Y.C enables the bank to know and analyze their customer adequately. This [...]
In an earlier blog we covered extensively about the Credit Information Bureau (India) Limited which collects and maintains records of an individual’s payments pertaining to loans and credit cards. Your loan application is heavily dependent [...]