creditworthiness

Credit report insights: Institutional inquiry vs. consumer request—What you need to know | Mint

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With India’s socio-economic landscape rapidly evolving—driven by a growing young population entering the credit market and rising consumption demand in rural areas—financial management has become an increasingly important topic. This shift has brought greater focus on financial education and literacy, particularly in the realm of personal finance, lending, and borrowing. Financial literacy not only plays … Read more

Banks won’t tell you this, but a better credit score could mean a cheaper loan

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Armed with a strong credit score and a little persuasion, Ram returned to his bank and convinced them to lower his interest rate to 8.5%. That 50-basis-point drop may sound small, but it translated into savings of ₹25 lakh on his ₹1 crore loan over 25 years. Though Ram’s example is illustrative, the approach is … Read more