Before offer you loan or credit card, Bank should know about your financial history and credit worthiness. CIBIL helps banks to measure the individual’s capability and probability of repaying the loan. CIBIL (Credit Information Bureau (India) Limited) is Credit Information Company (CIC) that provides credit related services to its members nationwide. CIBIL has been collecting and maintaining credit information of ...
In India, most of the financial institutions(including banks) offer credit cards to their customers. On top view, it seems that all the credit cards are same. But it is far from truth. Every credit card is introduced with purpose for specific group of customer such as movie lovers, salaried persons, frequent travelers, online shoppers. We have to select right credit ...
In India, middle class people and working professional thinks that PPF and fixed deposit is best and risk free investment. These highly recommended investments return 9% per annum. But the worst part of this story is the same category of people use credit card which is 30 – 45% interest per annum or personal loan which is 12- 24 % ...
Before offer you loan or credit card, Bank should know about your financial history and credit worthiness. CIBIL helps banks to measure the individual’s capability and probability of repaying the loan. CIBIL (Credit Information Bureau (India) Limited) is Credit Information Company (CIC) that provides credit related services to its members nationwide. CIBIL scores are very important when it comes to ...