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Why Credit Score is Important?
Monday, September 3, 2018, 7:54 AM
Your credit-score and underlying history is one of your most vital parts of your financial-life. Your credit score follows you forever and it will play a huge role in many major financial situations throughout your life. Many people think that a credit score only really matters when it comes to being approved for a loan or credit card, but it goes far beyond that.
Cibil ties up with KPMG
Thursday, November 9, 2017, 7:10 AM
With the growing demand for conducting employment credit checks, credit information company TransUnion Cibil tied up with KPMG to provide credit scores and report on employees and candidates to employers. The partnership will also provide business-entities credit reports of their vendors/distributors. "This initiative is aligned with our goal of helping companies and individuals make informed decisions," TransUnion Cibil vice-president Hrushikesh Mehta said.
What Do Credit Information Companies Do?
Thursday, June 15, 2017, 4:51 PM
Credit Information companies provide information to banks on the creditworthiness of customers. Let us say you are a bank and wish to provide a credit card to a customer. You are not sure whether he would be able to repay his outstanding. This is when Credit Information Companies would come into picture. They would provide the concerned bank with all payment-history of the concerned-person.
