Applying for a car loan? There’s one thing you need to understand thoroughly before you start – the role and significance of your Cibil Score. Also known as a credit score, this three-digit number is an overall assessment of your financial health and plays a critical role in the approval of your loan application. What is a Cibil Score? The TransUnion CIBIL Ltd, formerly Credit Information Bureau India Ltd, provides a Cibil or credit score based on your credit history. This score ranges between 300 and 900 and is a…
Understanding the Significance of Cibil Score for Car Loan Applications
