In today’s financial world, your CIBIL score plays a critical role in determining your creditworthiness. Whether you are applying for a loan, a credit card, or even seeking financial stability, having a good CIBIL score is essential. However, many people do not fully understand what a CIBIL score is, how it is calculated, or the steps required to improve it.
What Is a CIBIL Score?
A CIBIL score is a three-digit number that reflects your creditworthiness based on your credit history. The score ranges between 300 to 900, with a higher score indicating a stronger credit profile. The score is provided by TransUnion CIBIL, one of India’s most trusted credit bureaus.
Why Is Your CIBIL Score Important?
A CIBIL score is a three-digit number that reflects your creditworthiness based on your credit history. The score ranges between 300 to 900, with a higher score indicating a stronger credit profile. The score is provided by TransUnion CIBIL, one of India’s most trusted credit bureaus.
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