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An Analytical Survey on Credit Scoring Mechanism in India

  • Ankan Bhowmik,
  • Arkajyoti Basu,
  • Arittra Basu,
  • Anish Paul,
  • Atrri Roy

摘要

Credit score is an important indicator to lenders of your capability to repay loans. A consumer's creditworthiness is indicated by a number between 300 and 850 called a credit score. The advanced the score, the better a borrower looks to implicit lenders. It is predicated on data gathered from lenders and is consolidated in the Credit Information Report or CIR. This paper reviews to check one’s report regularly, also helps you to identify any disagreement that may be lowered your score, and helps to recover the lower score to advanced situations score.