What exactly is CIBIL Score / credit score?

A whole summary of an credit that is individual’s is usually described as Credit Score or CIBIL score. CIBIL Score is a three-digit numeric summary of one’s credit history that is entire. This score is resultant summary that is numeric from the information provided in the Credit Information Report (CIR). This score normally ranges between 300 and 900. The bigger the score towards 900, better the borrower’s chances of loan getting approved and vice versa.

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