Your CIBIL Decided by this…!!!

  • 3 months ago
  • Loan
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Your CIBIL Decided by this…!!!

The score is determined four key factors to your CIBIL score affects. By paying attention to this, will help keep your CIBIL score Protected from deteriorating.

 

  • Paying Loan – If you pay late or unable to pay your EMI this will so it affects your score negatively.
  • Credit MIX – By having a balanced mix of both, Secured and unsecured loans, your CIBIL scores is likely to have a positive impact.
  • Frequent Inquiry – Frequent Inquiry of Loan in various banks has negative effect on your CIBIL score. By doing this, suggests that your debt burden may increase in future.
  • High credit utilization – Increasing debt burden over time reflects increase in debt burden and has negative effect on your score.

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