In this article, we will understand how a joint loan application helps, and its impact on the credit score and report of both borrower and co-borrower. Also, how two individuals can apply for a loan as a co-applicants. Usually for higher amount loans like a home loan or a Loan Against Property (LAP), it is … Read more
With the speed of finance today, monitoring your credit health like an eagle has never been more important. For Indian consumers, where credit access is becoming a necessity for everything from home loans to personal loans, frequent credit report updates are no longer a luxury, they are a must. Hence, understanding how these changes enhance … Read more
Q: What do lenders see when they look at my credit report for sanctioning loans? Lenders check your credit report to assess your creditworthiness. They evaluate the risk associated with lending to you based on the credit score and your borrowing and repayment history. Lenders will look at A) Your credit utilisation, or the amount … Read more