Standard Assets can also worsen your CIBIL Score!

Every day I am visited by bank borrowers complaining that their CIBIL Score has gown down even when none of their loan accounts is marked as Non-Performing Asset (NPA) by their Bank and all their Loan accounts are Standard shown as STD in the CIBIL Report. I tell them on their face that even Standard Assets can also Read more about Standard Assets can also worsen your CIBIL Score![…]

Can Good CIBIL Report alone can Guarantee Personal Loans?

CIBIL Consultants are often asked this question “Can Good CIBIL Report alone can Guarantee Personal Loans?” For an ordinary person, this is a valid question. People approach us with questions like: Why is the Bank not sanctioning me Personal Loan whereas I have CIBIL Score of more than 800? Why has the Bank rejected my Read more about Can Good CIBIL Report alone can Guarantee Personal Loans?[…]

Can change in Interest Rates Damage your Credit Reputation?

Credit Reputation will be good or bad as per the repayment record of the person or any borrower. Every normal person or borrower is under the impression that his or her Credit Reputation, as decided by the Credit Rating Agencies like CIBIL, Equifax, Experian or HighRank in India, will remain good so far the borrower Read more about Can change in Interest Rates Damage your Credit Reputation?[…]