CIBIL score on a decline? 6 key steps to follow to improve it

CIBIL score on a decline? 6 key steps to follow to improve it

Maintaining a healthy credit score is vital for financial stability. There are numerous factors responsible for a healthy credit score such as length of credit history and credit utilisation ratio. Additionally, if you are struggling to make payments, consider reaching out to your creditors to discuss alternative payment arrangements or hardship programs. Your bank may … Read more

How to improve your CIBIL score using gifted money? Here are 3 ways

How to improve your CIBIL score using gifted money? Here are 3 ways

Gifted money does not impact your CIBIL score in a direct way. But it can, and does, affect the score positively in the following scenarios: you invest the gifted money into a scheme and improve your financial situation, use the gift received in cash to retire a debt, or use the same to give the … Read more