How to Improve CIBIL Score of Yours?
CIBIL score is an often repeated term that you must have heard innumerable times around you. People talk about it because it is like a mark sheet that you used to get in your childhood after the exams. The only difference is that instead of marks, it shows how well you handle all your debts. CIBIL score is a 3-digit representation of your creditworthiness and shows your financial behavior. Ranging from 300 to 900, the CIBIL score holds a pretty important role in determining your worthiness while getting any kind of credit facility. In our country, there are mainly four credit agencies that keep a record of all your financial transactions. These are Credit Information Bureau of India Limited (CIBIL), Experian, CRISIL, and CRIF High Mark. Talking about the score, anything above 700 is considered to be a good credit score and a low credit score automatically decreases your chances of getting a loan facility. One of the burning questions of today’s times is how to improve CIBIL s...