Importance of credit report in India
CIBIL- Credit Information Bureau (India) Ltd; is an independent establishment which offers the Credit Information Report (CIR) or Credit Report on a monthly basis. In this report one can notice information related to payment history of credit card and any type of loans taken by that individual. A person with a better payment history, scores high on their CIR; which will acts as a report card for the financial institutions while the individual applies for another loan or a credit card.
Credit report (CIR) is made purely on the basis of payment track record and total outstanding amount; every bank and financial institution in India is accessing the CIR of an individual who is applying for any type of credit. Based on the score that an individual, banks are taking decisions in approving that credit.
One can get access to their personal credit report over the internet; as it is very important for every individual to know about their creditscore on a timely manner. One can also dispute and make the corrections by taking assistance from credit experts who are associated with credit agencies. These errors make a lot of difference when it comes to loan or credit approving process; so one should not ignore any errors on their credit report.
Credit report also helps the individual to think about how to improve their credit score with the help expert suggestions. All of these steps help in fund raising, improving the credibility, settle past dues, etc.
Screen Enclosures
Enhancing the Efficiency Levels of Pools by using Screen Enclosures
CIBIL- Credit Information Bureau (India) Ltd; is an independent establishment which offers the Credit Information Report (CIR) or Credit Report on a monthly basis. In this report one can notice information related to payment history of credit card and any type of loans taken by that individual. A person with a better payment history, scores high on their CIR; which will acts as a report card for the financial institutions while the individual applies for another loan or a credit card.
Credit report (CIR) is made purely on the basis of payment track record and total outstanding amount; every bank and financial institution in India is accessing the CIR of an individual who is applying for any type of credit. Based on the score that an individual, banks are taking decisions in approving that credit.
One can get access to their personal credit report over the internet; as it is very important for every individual to know about their creditscore on a timely manner. One can also dispute and make the corrections by taking assistance from credit experts who are associated with credit agencies. These errors make a lot of difference when it comes to loan or credit approving process; so one should not ignore any errors on their credit report.
Credit report also helps the individual to think about how to improve their credit score with the help expert suggestions. All of these steps help in fund raising, improving the credibility, settle past dues, etc.
Screen Enclosures
Enhancing the Efficiency Levels of Pools by using Screen Enclosures