FICO score or not, all credit scores measure your credit risk. A healthy score can open doors, help you purchase, sell, and do a lot of other things — without spending a fortune on premiums. Beware of a poor credit score because it may make it difficult to access the finances you may need to […]
Category Archives: credit-score
How To Get Instant Loan Without CIBIL Score
A CIBIL score is one of the first measures a lender considers when you’re applying for a loan in India. This information helps the banks and lending institutions evaluate an individual’s creditworthiness and repayment ability while applying for a loan. So, does it mean that people without CIBIL scores aren’t eligible for a loan? Not […]
What are the ways to earn more credit card points?
Credit card points and rewards are a way of “rewarding” the loyalty of the customers by banks and other credit card companies. This is mainly done to cultivate good spending habits amongst credit cardholders. The interest on credit cards is pretty high ranging between 30%-60%. Missing or delaying a payment brings you the added penalties, […]
Your Credit Score Affects Your Job? Here’s How
Whether you are a young professional or a seasoned professional in the workforce for over a decade, entering into a new work environment is like stepping on a new planet. As you prepare your CV, learn new lingo, there is one more thing you need to check- credit history and credit score. Yes, your credit […]
How To Correct Your CIBIL Report Mistakes
Having a good CIBIL score is extremely critical. After all, it works as a deciding factor for banks and financial institutions while providing you with a loan or a credit card. That’s not to say it’s perfect, though. Sometimes, you might receive a wrong credit score or there might be a mistake in your CIBIL […]
How To Use Personal Loans To Build Your Credit Score
Financial planning is a crucial aspect of our lives often overlooked due to busy schedules or if we don’t know the importance of financial management in the first place. An important component is having a healthy credit score, and building one can often be challenging for people who are already in debt. Using personal loans […]
Low CIBIL Score? Here’s how you can get a Personal Loan anyway
Today, we rely heavily on loans from financial institutions to enable our goals and aspirations in becoming a reality – be it in the case of a wedding, an exotic travel plan (okay, not in 2020), or even buying a house or a car. And it’s these aspirations that often remind us of the criticality […]
Know what your credit score says about you
Based on your loan history (of all kinds), a credit score is a number that measures and rates your financial health. To decide whether to accept someone for a loan or credit card and to determine what interest rate to charge, lenders use credit scores. In order to decide whether to rent your house, give […]
How To Get Personal Loans Without A Credit Score?
Life can be a journey full of surprises. You can never anticipate when it will throw a curveball. The only aspect in your hands is maintaining sufficient preparation so that you hit a home run rather than lose the game. This is especially true in the case of money matters. Needs, emergencies, dreams, and wishes […]
Credit Score vs Credit Risk Assessment: What’s The Difference?
The difference between credit score and credit risk assessment can often confuse both retail and institutional customers. Yes, the terms are fairly similar to each other and often sound interchangeable. They both provide a measure of a borrower’s credibility as well. But there are certainly differences on how they operate, how they are calculated and […]