Do you know what is your Credit Score

Do you know what is your Credit Score – Visit Now

Banks verify the credit score to determine the potential risk arises by lending money to customer and to analyze the numerical expression of individual’s credit file and their history. The credit information bureau India limited (IBIL) has role played as Credit Score information company that represent a summary of persons credit history. Shubhbank use this score to evaluate who qualifies for a loan with what interest rate and the credit limits. The use of the score prior to grant a loan is an implementation of a secured system. This credit score ranges from 300 to 900 whereas 900 being the good score if your history is less then six months, then the score will be zero and person with no history will have a credit score of -1. It is tough to get a loan with non repayment record from any of the lender.

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