Simple & Educational Financial Knowledge for Everyone
Does checking CIBIL score reduce credit score?This is one of the most common questions among Indian borrowers who regularly monitor their credit health. Many people hesitate to check their CIBIL score because they fear it might negatively affect their credit score. In reality, understanding how CIBIL score checks work can help you make smarter financial … Read more
A CIBIL score of 550 indicates poor credit health and can lead to loan rejections, higher interest rates, or limited credit options. The good news is that a low score is not permanent. With the right strategy, discipline, and patience, it is absolutely possible to improve CIBIL score from 550 to 750. This detailed guide … Read more
A good CIBIL score is essential for getting loans, credit cards, and better interest rates in India. Many people regularly check their CIBIL score and take steps like paying EMIs on time or closing loans, expecting their score to improve. But a common frustration is CIBIL score not updated even after doing everything right. If … Read more