More information about credit scoreThe link of the first Forum post on credit score is given below:-
At what credit score can a person get loan from banks?
Now some more necessary information on credit score:
(a) CIBIL is not the only credit score company of India. However, this is the oldest one working in this field and is well-known. In addition to CIBIL, there are another three agencies which gives credit scores for individuals.
(b) The credit score of an individual will not be the same across various agencies. It would differ marginally as these agencies use different models.
(c) When a financial institution asks for the Credit Information Report (CIR) of a person, it is a hard enquiry and it adversely impacts the score. However, when an individual seeks his/her own report, it is a soft enquiry and does not affect the credit score.