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94 8300 8300
What Affects your Credit Score ?
1 If you are late on EMI payments or miss them, it indicates lack of repayment discipline, a high debt burden or inability to pay.
2 If there is no track record of loan, the credit score will be "NH" or "no history" and lenders have to rely on other data.
3 If unsecured loans dominate borrowings, it represents expensive choices or a lack of assets to provide backing for debt.
4 If credit card spends are close to the limit, it indicates higher propensity to borrow, or possible high outstanding debt.
5 If too many loan applications are made and referred to the scoring agency, it indicates a credit hungry behaviour that may be viewed negatively.
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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