The FinTech Hub
Source: Live Mint Your credit score plays an important role in determining your creditworthiness through which lenders evaluate your profile while providing you with credit cards or personal loans. CRIF Highmark is one of the four credit bureaus recognised by RBI which provide credit score. Here is how you can check your CRIF Highmark credit…
Source: Live Mint You must understand how marriage affects your credit score so you are aware, in control and are always the head of your money life. Therefore, to put it simply, your marriage does not have any impact on your credit score because your marriage status is not kept by credit bureaus such as…
Source: Live Mint If you have a poor credit score, say 650 or lower, it is not easy to procure a loan from a bank. And if you are lucky — the bank or a non banking financial corporation (NBFC) may charge a higher rate of interest for approving the loan. Meanwhile, if you are…
Source: Live Mint A credit score is an important metric of your financial liquidity. This is a three-digit number that gives an indication of your creditworthiness. Lower the credit score, poorer the creditworthiness and conversely, higher this number – higher the creditworthiness. Before banks offer loans to someone, they tend to judge a person’s creditworthiness via…
Source: Live Mint Two important resources for managing your own financial affairs are your credit score and your credit report. But the landscape of credit scoring can be a bit confusing given the many forms of scores and reports that are out there. The many varieties of credit scores and reports are outlined in this…
Source: Live Mint It is quite essential to know about your creditworthiness in this fast world of finance. A responsible credit agency, CRIF High Mark, gives detailed credit reports to help in understanding the credit history. A credit report is the most essential tool that measures financial health. Therefore, for you to get a good…
Source: Live Mint After checking your credit score recently at a credit bureau’s portal, did you receive a barrage of phone calls from bank agents offering you a loan at concessional rates? If this happens to you, do not get surprised. This is quite an ordinary thing to happen. There could be several reasons for this….
Source: Live Mint If you are planning to raise a personal loan or applying for a credit card, remember that the lender would assess your credit score to determine your creditworthiness. A credit score, as you would know, is a three digit number that shows the creditworthiness of the borrower based on your credit history. It…
Source: Live Mint Do you use a credit card regularly and happen to delay your bill payment at times? You should remember that the negative information with regards to your credit card and personal loan can stay on your credit report for longer than you can imagine. Not many may be aware that the information…
Source: Live Mint A FICO score is a credit risk measurement tool. It is developed by Fair Isaac Corporation. It is a tool which summarizes an individual’s repayment behavior and it is primarily based on their credit history. It is important to acknowledge that the FICO score is not used extensively in India like the…
