League Invest Blog

Cibil or the credit information bureau of India is a body which maintains the credit reports of all the individuals who have taken a loan or credit card from any of the member banks of cibil. This report is specially made to help the banks and other financial institutions so that they can know the customer payment history till now. The credit bureau has further made it easy for the banks to understand the customer by issuing Cibil score to every report. The status of the borrower can be judged by viewing the score only and there is no need to read the report.

This entry was posted on Sunday, September 13th, 2009 at 3:08 am and is filed under Business.