Credit limit on a credit card is the maximum amount that a cardholder can borrow on their credit card. The credit limit on a credit card is set by a bank at the time of credit card disbursal and is … Continue reading →

Credit score cibil range is a very important data that is looked by each and every bank before finalizing any loan amount for any applicant. Cibil score range is prepared by CIBIL (Credit information bureau of India limited) by analyzing … Continue reading →

Interest rate on a loan is one of the most important factors considered by an applicant before going ahead with loan proposals. Every borrower wants to get a loan on lower rate of interest that will reduce his EMI that he … Continue reading →

In the changing investment scenario, having a high credit score is essential. In a time when everything is being bought on EMI, or, requires you to take a loan, a higher cibil score range can substantially increase your creditworthiness and hence … Continue reading →

   What is meant by cibil credit score? How is it calculated? A cibil credit score ranges from 300 to 900 and is the three digit numeric representation of a borrower’s credit history. The score is calculated using advanced analytics, and … Continue reading →

CIBIL or Credit information bureau of India limited is the most popular credit information company in India. A cibil report is a record of your past credit history collected from different banks and financial institutions. CIBIL will also publish your … Continue reading →

A cibil history is one of the most important criteria that bank or financial institution uses to do a credit appraisal of a loan application. A cibil score is developed by CIBIL ( Credit information bureau of India limited) by … Continue reading →

Your credit score is the most important criteria used by banks and financial institutions to assess creditworthiness of the borrower. When you apply for a loan in any bank, first thing that a bank checks about you is your score. … Continue reading →

Cibil rating is a credit information company which maintains record of individual’s debt and credit cards. CIBIL stands for credit information bureau of India limited. CIBIL is the most trusted authority that publishes credit information reports and cibil score that … Continue reading →

Credit utilization ratio stands for ratio of monthly outstanding payment from your credit card with numerator and credit limit provided on your credit card as denominator. For example, if your credit card limit is Rs 50,000 and monthly outstanding payment … Continue reading →