Banks rely on a variety of risk assessment tools to gauge the creditworthiness of a borrower. One of the most popular instruments to do so is credit score assessment, often referred to as the … READ FULL STORY
Banks offer housing loans to prospective borrowers, based on their capability to repay the debt. Financial institutions ascertain the loan applicant’s creditworthiness by checking various data related to his/her financial history and the manner … READ FULL STORY
The Reserve Bank of India (RBI) has directed credit information companies (CICs), to provide one free full credit report, including score, once in a year to individuals whose credit history is available with them. … READ FULL STORY
