Credit Report India

1. Credit Report India

2. Credit Report India A credit report is a summary about the credit accounts that showcases how well you handle it. what is credit reports include the type of accounts and payments history and other details of financial transactions. Potential lenders and creditors play a major role in deciding whether you are a creditworthy borrower or not. Also, they use credit reports to make their decision about credit, whether to extend and on what terms and conditions. Thus, it's essential to check your credit reports at least twice a year to ensure the information in the report is accurate and up to date. Overall nationwide, there are 3 major credit bureaus that provide such services as Equifax, Experian and Trans Union.

3. A credit report is also known as a credit score which a 3-digit numerical number ranges from 300 –900, where 900 being the highest and 300 being the lowest. Various factors are considered while calculating a credit score by the how to apply credit report bureaus such as credit history, repayment track record, credit inquiries, financial obligations and so on. If you are applying for a loan or a credit card from a bank or financial institution, then make sure you have the highest credit score to get a host of benefits such as lower interest rate, higher loan amount and to choose a flexible tenure.