For millions of Indians, this number has become one of the most important financial indicators. It can influence not only whether a bank approves a loan but also the interest rate you pay, the credit limit you receive and, in some cases, how quickly your application is processed.
It's not about how much you earn -- it's about how you borrow and repay.
A data breach does not end when the headlines fade. For victims, stolen personal information can fuel fraud, identity theft and financial losses for years.
Answers to six commonly asked questions about CIBIL score that will help clear your confusions
Here's the formula and it is not too difficult to implement.
Do you know what is 'credit repair'? And how to go about it?
Few right moves and you can improve your credit score real fast
Do not panic if you have a poor credit score. Do not live with the fear of having an important loan rejectd by the lender because of a poor credit score. Here's the solution for your woes
Just like optimum blood pressure, sugar and the likes are the measure of your physical health, a good CIBIL score is a measure of your financial health and you must do the needful to keep your CIBIL score at a satisfactory level.
Guaranteeing a loan requires careful analysis before making the decision; you should not guarantee a loan just because a friend or acquaintance has asked you to do so, warns Rajiv Raj
rediffGURU Ravi Mittal, CEO of Quack Quack, an online dating Website and Rebounce, a matchmaking matrimony platform, counsels a young man on how to approach the situation with sincerity.
Do you know that your application can get rejected on account of a not so perfect CIBIL score?
What's a job got to do with your CIBIL score? Surprised? Well, here's the connection
If you have a CIBIL score that is below the satisfactory level of 750, make a resolution this day of spring to enhance your CIBIL score. Here are some ideas that will give your CIBIL score a boost.
2016 has just begun and the first festival of the year is already here. Makar Sankranti it is! On this occasion let's think about how to get our kites and CIBIL scores to soar high
Not being aware of your spending patterns or going overboard with your festive season spends on your credit card can land you in serious trouble later.
Sujata Ahlawat, Senior Vice President and Head of Direct-to-Consumer Interactive, TransUnion CIBIL, offers a quick glimpse into what a CIBIL Score is, the factors that impact it, and tips for maintaining a healthy score.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Here's why these Harry Potter characters will have the best or worst credit scores.
'During times of adversity, a brick becomes better than a stone. That is how I look at the election season.'
Your credit score is more than just a number. Here's how you can read and understand its importance.
If your answer is yes, this is just what your need to read today.
Wedding.con is a watchable show, if only to caution people about the latest scams, notes Deepa Gahlot.
It is important to understand how your salary influences your loan amount and implementing these valuable strategies can significantly impact your eligibility for the personal loan you desire, says Kamaljeet Rastogi.
Here's how you can reward yourself for having a good CIBIL score.
Outright fear and lack of awareness can harm your CIBIL score
For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay.
If you are wondering what all this is about and why should your wife need an independent score then read on to find out.
Making purchases on your credit card can turn out to be a better idea. Here's why.
Sharing your credit card with the spouse has it perks. Read on to find out more!
Middle class Indians have grown up with the belief that living on credit is essentially a bad thing. You are in trouble if you think the same, cautions Rajiv Raj
With an eye on the coming festive season, leading public sector bank State Bank of India will provide home loans to its customers at concessional interest rates. SBI chief general manager (CGM) Umesh Kumar Pandey informed that this drive to provide home loans at concessional interest rates will be completed in two phases, an official release said on Thursday. The first phase will be operated from September 1 to October 31, while the second phase will be operational from November 1 to December 31, it said.
Too much unsecured loan can harm your CIBIL rating.
Lenders get a clear idea about your financial health, risk profile and personality trait
If you want to keep your CIBIL Score alive and kicking (healthy) make sure you steer clear from the above mentioned common credit score killers.
Harshala Chandorkar, chief operating officer, CIBIL, explains your rights and duties as a responsible consumer
Instead of being guided only by returns, investors should also factor in the risks of lending on these platforms.
Getting married has no direct bearing on the credit score of either of the spouses. However it does impact the financial situation and may sometimes impact the credit score of any individual indirectly due to the action of the partner.
You may forget about your mistakes but CIBIL keeps an eye and maintains a record of each and every transaction right from your first credit card!
