CIBIL score: Why is it important for credit conscious millennials
Almost every urban city-dwelling individual, and especially millennials, have a credit score assigned to them by credit bureaus such as CIBIL if they have used a credit card or have taken a loan from a financial institution. A credit report is indicative of a few things, such as the likes of a borrower’s creditworthiness, attitude towards credit advanced by a lending institution and their ability to manage their finances after accommodating the payments that they need to make towards their credit obligations, amongst others.
This is one of the reasons why credit-conscious millennials tend to check CIBIL score concerning them online very frequently. Additionally, some of the other reasons that the credit-conscious millennials tend to check CIBIL scores often is because they are statisticall...