Credit informaton Bureau(India)ltd. (Cibil), the agency gathering data on credit histories of individuals, has now made credit scores available to individuals for a fee of Rs 450 per request.An individual's credit score would be a three-digit-numeric summary of his credit history for the last three years, and this would be rated on a scale of 300-900.
The higher an individual's score, the better would be his chances of securing a loan. Banks have, for the last two years, used this data as an important factor in deciding on whether to approve or reject a loan.
Through Cibil's website, individuals can request for their credit scores online. They can also make the payments online,after which , they would have to send proofs of their identity to cibil. The score, alongwith the report, would be delivered to them in 7-10 days. The Cibil is working towards an online authentication system. Once this is done, it would help in delivering scores and reports online. (BS 21042011)
Friday, April 22, 2011
Subscribe to:
Post Comments (Atom)
3 comments:
I was going through the same problem few months back , then i consulted credit sudhaar ,they helped me in paying my debt and also counselled me in taking decisions to improve my credit score. I would suggest you to consult them once. You can contact them on 022-67886788 or can visit their websites at www.credit sudhaar.com
I had no idea my credit was bad. The guys at Credit Sudhaar analysed my report. The process took some time but my credit was restored, enhanced and protected. I have no reason for complaints.
My application was rejected. Credit Sudhaar was my choice. Initially they were slow. But their counsellors were able to handle all my queries. I will give Credit Sudhaar a positive review.
Post a Comment