Lenders

7 secret factors that affect your credit score in India – What lenders don’t tell you | Mint

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Knowing the factors influencing credit score while availing of loans and credit cards in India is vital. Though everyone is aware of most of the key drivers, there are some hidden factors that influence credit scores that the borrowers themselves are not aware of. These important factors impact credit scores and are rarely highlighted by … Read more

How credit scores can make or break your chances of securing a loan

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A higher credit score not only improves the chances of loan approval but also determines the interest rate and repayment terms offered by the lender. Lenders such as banks and NBFCs share repayment information with credit information companies, which calculate the score. This score significantly influences loan accessibility and affordability. It is, therefore, important to … Read more