Beware, your CIBIL report is easily available

Anything in excess is a sin" goes an old adage. Like in life, even in handling your finances, indulging can prove to be a spot on your credit history. Take for instance, credit card utilisation.

Credit penetration in India has deepened considerably in the last seven years, with the share of first-time borrowers growing from 32% in 2006 to 50% in 2012.

Sen has a Cibil-TransUnion credit score of 777 on a scale of 300-900, making him eligible for even a credit card Manish Basu A file photo of Sarasha Group chairman and managing director Sudipta Sen. Kolkata: The chequered personal credit history of ...

According to current norms, it is not mandatory for insurers to consider the credit history and use the existing credit bureaus for charging premiums to policyholders Credit Information Bureau (India) Ltd (CIBIL) is in talks with Insurance ...

How and why too many credit inquiries can hurt your CIBIL score and hence make lenders wary of lending to you Shobha Kadam had been shopping around for home loans. Like every vigilant shopper she called up many banks to check on rates and other terms. She then applied for a pre-approved loan in three of these banks so that she could finalise on her home purchase deal. While Shobha believed that she was acting in a responsible manner to check rates and get approvals before proceeding. Little ...

I am a small-time businessman. I had taken a loan from a bank, but since my business was not running well, my repayment had become irregular and I had availed out-of-turn settlement to repay 90 per cent of the loan. Now I am planning to restart my business.

Credit Information Bureau India Ltd (CIBIL) is facilitating the banks to monitor and control credit risks, according to its chief. Delivering a lecture on Credit trends: Evolution and impact of CIBIL at the head office of Corporation Bank here, M.V. Nair, ...

JK Gupta was felicitated with a trophy and a Roll of Honour from Mr. MV Nair, Chairman CIBIL and Anish Shah, CEO, GE India at the CFO100 Conference and Felicitation ceremony held on March 21, 2013 at the Taj President Hotel, in Mumbai.

In 2010, when Sweta Ghosh applied to a private bank for a credit card, she received a note that stated the lenders inability to offer her a card, since she did not have an existing relationship with the bank. Two years later, Ghosh is getting calls ...