A credit score is a 3 digit numerical expression, typically Between 300 to 900 based on a level analysis of a person’s credit files, to represent the creditworthiness of an individual. A credit score is primarily based on a credit report, which consists of information typically sourced from credit bureaus. It is predominantly used by lending institutes to evaluate your creditworthiness […]

Many of you are having this question, here Apoorvaa is answering this and giving you a brief on what is included and what is included so that you can have an idea what you should check and what you should not be worried about. Included This is your credit report, so it will have all […]

Your Credit Score is 3 digit numbers, a representation of your credit repayment handling ability. A Credit Score is calculated with a formula based on five factors – payment history, amount owned, length of credit history, credit mix and new credit. Apoorvaa is going to tell you the different credit score ranges in brief. Excellent […]

Many things you know that affect your credit score still have some unexpected things that can make your credit score go down. Let’s know the things here which you did not know that affect your Credit Score. Holding credit card balances Co-signing credit application Ignoring your credit report One time settlement Becoming guarantor Applying for […]

Credit Score is a measure of creditworthiness. In India people generally treat credit score as a CIBIL Score.  In October 2012, TransUnion CIBIL launched a new version of CIBIL Score called “TransUnion CIBIL Score 2.0”. The new TransUnion CIBIL Score 2.0 is built on more recent and richer credit history data, takes changing consumer profiles […]

Many things affect your credit score and many do not. Here Apoorvaa is bringing 7 things to you which are not considered while calculating your credit score and hence won’t hurt your credit score. Bouncing a cheque Being denied credit Paying your credit card bill in full Losing your job Upgrading or downgrading credit card […]

Apoorvaa is here with another 6 reasons which can lead to a drop in your credit score. When you are looking around to boost your credit score, first check reasons behind low credit score and work on it to rectify. Let’s see 6 reasons which may be causing your credit score to drop whether you realize […]

It is an extremely stressful situation, when you find out that you are the victim of identity theft or some other type of credit score malfunction. It is costly in terms of lowering your creditworthiness. Though you are financially protected, you are still an identity theft victim; it takes significant action and commitment on your […]

You know that there is a credit score for an individual but do you have any question in mind then what about business or company? The answer is here. The Company or businesses have CIBIL Rank. I know you have another question in mind… Am I right? Apoorvaa is giving you answers to all your […]

Before making any decision, lenders check your credit report and credit score. If both are in satisfactory condition then only lenders consider taking your loan or credit card application for the further process. Do you know how your credit scores or credit report are different? If not, Apoorvaa is letting you know the difference between […]