Credit Bureaus

    How would a bank know that someone is trustworthy enough to pay back the loan amount they take? A credit score helps financial institutions understand whether someone is creditworthy or not. This summary of an individual’s financial summary enlists all credit-related transactions made under the individual’s name and evaluate how much loan amount will be manageable for them.   In simple words, your CRIF Credit Score tells the bank what kind of a borrower you will be by looking at the range of your score. So, what will your score say about you at 850 and what will it mean at 400?   Related Reads: 7 Quick Tips to Increase Your Credit Score Here’s what your score would indicate about you as a borrower:   Super Awesome Borrower: Above 818   This means that you got an A+ on your report card! You are the sincerest and brightest of all borrowers having the best possible creditscore needed for personal loan . When a bank sees your financial profile, they want to lend you more w

  Top Financial Goals Everyone Needs In 2021 An individual can be happy or sad, successful or failure, good or bad but in the end, survival demands money. Every individual needs a chunk of money to survive and make their lives comfortable in the world. But one does not wake up one fine day and have everything they need! They must put in the hard work to earn and organize their money.   Money is needed not just to survive and be comfortable, but for rainy days too, right? If an individual is planning for their good and bad days, then the individual can be called financially sound. You can greatly improve or sustain your personal credit score .  Not just that, one should also be able to end the year in such a way that there are no debts to worry about.   Here’s a list of goals that will be helpful in achieving a financially successful year:   Goal #1: Control on Monthly Budget   A monthly budget helps you understand the basic lump sum you would need to bear the minimum recurring