Page 2 - Credit Score

Giving guarantee for a loan can impact your financial health, here's how

By agreeing to guarantee a loan, you agree to repay the loan outstanding should the principal borrower be unable to do so at any point during the loan term

Tipping point: Burdened with debt? Improve your credit score

Many companies nowadays check the credit score of people they plan to hire

Credit bureaus turn to data analytics to provide holistic credit scores

Credit bureaus are increasingly focusing on custom data analytics and alternative data partnerships with fintech companies

Here are a few tips on how to increase your credit score quickly

Limit spending on card to 30-35 per cent of the credit limit

Looking for a loan? Rebuild credit score to regain access of any sort

Clearing off past dues, and then taking small loans and repaying them on time will help past defaulters gradually improve their credit scores

Pay heed to your spouse's credit score

Your partner's poor credit score could mar your chances of getting a joint loan, so work on improving it while there is time

Your Facebook, LinkedIn profiles could soon show creditworthiness

Peer-to-peer lenders have started using social media to evaluate loan applicants

Decoding credit score calculation

A good credit score makes it easier to secure a loan. You might even be able to negotiate for better rates in some loans