Why You Should Need To Know More About Your CIBIL Report?
Whenever somebody decides to take a loan from any lender, that lender wants to be sure of that person’s creditworthiness so that the lender has some trust in getting that amount back. And how does the lender measure the creditworthiness of anyone? Well, the answer would be the credit report. Credit report of any individual contains the detailed record of all your credit history such as personal details (name, address, date of birth etc), contact details, information about your employment, inquiry information, credit card information, loan account, etc. The credit report usually have all the details about how well you manage your debt and your payment details, etc for the last 36 months. In a sense, it has all the credit history of an individual. Before giving the loan, the lenders can check the creditworthiness of an individual by checking the credit report given by Transunion CIBIL which is one of the leading credit rating agencies of India. CIBIL report India is also one of th...