Network Operators rope in CIBIL to check Credit Defaults

  Network and Mobile operators prefer to sell Pre-Paid SIMs to their clients as it is very difficult for them to recover the Postpaid Bill Defaults of unknown new customers. In case you are to obtain a Postpaid Mobile Connection or Network Connection – then the Mobile/Network operator will sell you the Postpaid SIM or Read more about Network Operators rope in CIBIL to check Credit Defaults[…]

Gold Loan can be injurious to CIBIL Score and Report!

Are you thinking of taking loans against pledge of Gold or Gold Ornaments? Think twice as Gold Loans can be injurious to CIBIL Score and Report. Now Banks are financing Gold Loans to clients with Bad CIBIL Reports and Scores. As Gold Loans are self-liquidating loans, the banks do not hesitate to ignore low CIBIL Scores. Read more about Gold Loan can be injurious to CIBIL Score and Report![…]

Can somebody else lower your Credit Score?

Can somebody else lower your Credit Score? If somebody asks you this question your abrupt reply will be “How can somebody else lower my Credit Rating or Score!”. But hold your breath. It is possible that despite the fact that you have never defaulted in payment of bank loans or in making timely payments of Read more about Can somebody else lower your Credit Score?[…]