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Loan with Low or Bad CIBIL (Credit) Score

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A credit score is a three-digit number ranging from 300 to 900 which determines your creditworthiness. The banks will decide if you can repay the loan or not by looking at your credit score. Whenever you apply for any kind of loans such as home loans, personal loans, etc, banks will check your credit score. In case your credit score is low, then the bank may turn down your loan application. The main reason for a low credit score is defaulting on loan EMIs. If you do not have any credit history, your credit score will be zero. Watch this video to know how to avail a loan with bad or no credit history.


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