CIBIL Consumer Report – Ultimate Guide to Understand Credit Report

Anish TadimarriCredit ScoreLeave a Comment

cibil consumer report

CIBIL consumer report gives a comprehensive review of one’s credit standing through a details report of their past credit transactions. It is important to understand the CIBIL report, its contents, and how each section of the report might impact one’s CIBIL score. CIBIL Consumer Report Details – What is it? CIBIL Consumer Report or Credit Information Report (CIR) has become … Read More

What is a Good CIBIL Score?

Anish TadimarriCredit ScoreLeave a Comment

CIBIL score range

A CIBIL score is a credit rating assigned to borrowers based on their past credit record. CIBIL scores can range between 300 and 900. A credit rating above 750 is considered a good CIBIL score.  An individual has a better chance of getting a credit card or loan with a higher score (900) as compared to a low score (300). … Read More

6 Tips to Avoid Chit Fund Scams in India

Anish TadimarriOthersLeave a Comment

avoid chit fund scams

For many people, chit fund schemes are synonymous with chit fund scams. The likes of the Rose valley chit fund scam and Saradha Ponzi scheme will be remembered as some of the most notorious financial fraud cases in India. Although the Chit fund act of 1982 lays out regulations and operational structures for chit fund companies, a lot of unorganized … Read More

ROI of an MBA Abroad: Is It Worth It?

Anish TadimarriEducation loanLeave a Comment

roi of mba abroad

An MBA degree is one of the most desired professional choices for many Indians. Many MBA graduates typically spend years paying off education loans. Some MBA aspirants are not aware of the financial implications of choosing an MBA program. As MBA aspirants think about spending tens or hundreds of thousands of dollars, we want to provide a framework around calculating … Read More

Credit Score Basics: All You Want to Know About CIBIL Score

Anish TadimarriCredit ScoreLeave a Comment

Banks and financial institutions use credit scores to judge potential borrower’s creditworthiness. Credit score also measures the risk of default by judging the past history of credit repayment by a borrower. Only credit bureaus approved by RBI can give a credit score. The four RBI approved credit bureaus are TransUnion, Experian, CRIF Highmark, and Equifax. What is a CIBIL score? … Read More

Applying for a Home Loan? These Are 5 Mistakes to Avoid!

Vinay DeshineniHome LoanLeave a Comment

applying for a home loan

Home ownership is increasing in India at an unprecedented pace. And increasingly more new home buyers are opting for home loans to fund their purchase.  This is one of the biggest financial commitments individuals take up during their lifetime and a little bit of research and homework can help them save a lot of money in the long term. You … Read More

CIBIL Dispute: How to Resolve an Error in Your CIBIL Credit Report?

Vinay DeshineniCredit ScoreLeave a Comment

cibil dispute

CIBIL score is an important factor taken into account by banks when assessing borrowers on creditworthiness. Poor credit scores lead to higher interest rate or loan rejection from lenders. It sometimes happens that there might be errors in your CIBIL report. Learn how to raise CIBIL dispute to resolve errors. Credit score has become one of the most important metrics … Read More

Home Loan : Tax Benefits Every Home Owner Should Avail

Vinay DeshineniHome LoanLeave a Comment

home loan tax benefits

Buying a home is one of the most important decisions in a lifetime. Home Loan tax benefits are significant and can swing the decision in favour of buying vs renting. There are 3 major tax benefits you can avail on home loans in India Section 24: Tax Deduction on Home Loan Interest Section 80C: Tax Deduction on Principal Repayment Section … Read More

How to Link Aadhaar with PAN Card in 2 Minutes

Vinay DeshineniAadharLeave a Comment

Aadhar pan card linking

Haven’t linked your Aadhaar and PAN yet. Don’t Worry., you are not in trouble. You can still do it. And your PAN is still valid. June 30 wasn’t last date as many media outlets incorrectly mentioned. It was the last day to file taxes without linking your PAN and Aadhaar. Now it is mandatory to have them linked to file … Read More