Credit Score: Here are five major factors that can influence your loan approval
Aditya Kumar • 8 years agoSome of the major factors which make and break a credit score are – credit history, credit balance, payment history, and recent new credits and so on.
CIBIL-like regime for corporate loans need of the hour, CRISIL-like regime not enough
Smurlidharan • 8 years agoWhat raises eyebrows is the absence of a similar regime for corporates like CIBIL who are by far the heaviest borrowers and defaulters.
Bang For Your Buck: Worried about your bad CIBIL credit report? Here's how to fix it
Bindisha • 9 years agoHere are few tips to improve your credit report.
What does “DPD” on your CIBIL credit report mean?
Harshala Chandorkar123 • 10 years agoThe “DPD” indicates how many days a payment on a respective account has been delayed.
Decoder: How credit information firms calculate credit score
Fp Archives • 12 years agoCredit information companies like CIBIL calculates an individual's credit score through advanced analytics and assigns a number between 300 and 900 to a borrower, based on his/her credit history. The closer your score to 900, the more confidence the credit institution will have in your ability to repay the loan .
Joint loans: Here's how it affects your credit score
Fp Archives • 12 years agoHow guaranteeing a loan can affect your credit score and history
Fp Archives • 12 years agoIf lenders feel that the financial health of the end borrower cannot be determined standalone, or in case the borrower has no source of income, another option to get a loan processed includes involving a guarantor
Why you should think twice before guaranteeing a loan
Fp Archives • 12 years agoWhile it is okay to guarantee a loan of a trusted relative or friend, it is important to understand the implications of the responsibility you are taking on as a guarantor. Here is what you must know.
Why you should not be too credit hungry or too credit averse
Fp Editors • 12 years agoOnly in India: Individuals are better borrowers than companies
Bindisha • 12 years agoMoney is less about numbers and more about behaviour. And somehow, we have got this behaviour right, at least in the recent past.