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Debunking credit score myths

12-Jan-2017 written by : FSI-Team

In the modern world that we live in, credit is used universally. You are rarely likely to come across people who do not using a credit card or two or servicing a loan. But much as acceptance of credit increased over the years, the need to maintain a high credit score is something that we Indians are yet to understand and implement. Even though there is a large amount of information available in the public domain about credit and credit scores, there are some myths that even the financially conscientious have about the CIBIL score and CIBIL report. Here are some common myths that we try to debunk today.



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