To empower the ‘credit invisible’ customers and bring them into the formal financial fold, the way financial institutions assess creditworthiness needs to undergo a sea change. Alternative credit scoring that uses smartphone data is the way forward toward...
A recent report by paisabazaar.com has revealed that more millennials are now emerging as credit aware and are open to borrowing with the right advice on...
The credit score—a three-digit number—is directly connected with one’s financial health, long-term financial goals, access to loans and even insurance...
A good credit score is the first thing that lending institutions check before extending a loan. Here’s what you can do to maintain a good credit score and...
The use of technology allows collecting alternate data such as cash flows, financial etiquette, utility bill payment history, investments, spending behaviour,...
Lenders prefer to sanction loans to customers who have minimal chances of loan default. One can follow a few ways to increase the chance of getting loan...
Factors such as repayment history, outstanding balance, age of the credit portfolio and credit inquiry determine your credit score.
