Credit score vs. credit report: What’s what?

Credit score vs. credit report: What’s what?

When you avail a loan you know that your credit report would be judged by the lender. A minimum credit score is required to qualify for the loan and the limit is usually 650 or 700. Your credit report and your credit score are two different terms which many of you use interchangeably. Though both of these terms indicate the basic meaning, they are actually different from one another. Do you know how? Let’s understand…

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How a loan can improve your Credit score?

How a loan can improve your Credit score?

Credit score is a very important consideration when you are looking to avail credit whether through a loan or a credit card. In fact, your credit score decides whether the lender would allow you a loan or not and, if the loan is allowed, what would be the interest charged for the same. If you have a good score you can avail a loan easily and that too at affordable interest rates. That is why…

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Effective Ways to Improve CIBIL Score

Effective Ways to Improve CIBIL Score

CIBIL score depicts the summary of borrowers’ past loan track. Having a good credit score is of prime importance as it provides easy access to credit. On the other hand, poor credit makes it difficult for you to secure any loan or credit card. If your credit score is low and you are struggling to improve it, then there is no need to worry about it. There are several ways to improve your score, some…

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4 Easy And Best Ways To Fix Your Credit Score

4 Easy And Best Ways To Fix Your Credit Score

If you are applying for a credit card or a loan and you cannot get an approval, then there is a need to fix your credit score. Building a good credit score is not simple, but that does not mean that it cannot be improved. Always remember that fixing the credit score may take some time, but it is worth every effort. A bad credit score is going to cost you a lot more, so…

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