Credit & Compliance

Steps to Resolve a Suit Filed Status in CIBIL

11 min read
August 20, 2025

Getting through a CIBIL lawsuit might not be easy, but knowing about it is very important. Understand the process, what can happen, and how to take off a wrong or unfair CIBIL suit. Find out preventive steps for stopping these kinds of situations from occurring and protecting your financial status. With a clear suit

Why Credit Score Matters for MSME Loan Approval

8 min read
August 6, 2025

If you are an entrepreneur of a micro, small or medium enterprise (MSME), you must understand the importance of credit scores. Lenders use your business credit score to determine whether you are eligible for a credit facility. A high score instils confidence in the lender and makes them more inclined to provide funding.  With

Ways to Build a Healthy Credit Profile for a New Business

9 min read
July 31, 2025

If you are an entrepreneur planning to expand operations, knowing how to build a business credit history is essential. Lending institutions, in particular, focus on your business credit score to determine your repayment ability. Even suppliers and potential investors may sometimes look at your credit score to determine your trustworthiness.  If you are a

How Business Loan EMI Bounce Affects the Creditworthiness of Businesses

7 min read
April 30, 2025

When an MSME business owner borrows funds for day-to-day business operations or expansion, they are expected to repay the amount in monthly installments spread over the agreed-upon loan tenure. However, sometimes MSMEs may miss EMI payments due to insufficient balance in their accounts. When an EMI bounce occurs, it brings some serious repercussions for

What Is CIBIL Score? Meaning, Range & Importance

12 min read
April 23, 2025

CIBIL Score Definition The CIBIL score, often synonymous with the credit score, serves as a numerical representation, typically ranging from 300 to 900, reflecting an individual’s creditworthiness. It operates as a financial report card, summarizing past borrowing behavior and the ability to meet debt obligations. When lenders assess the risk of lending money, your

Does the Minimum Payment Affect the Credit Score?

10 min read
February 28, 2025

Credit cards have completely transformed the way Indians make payments. However, many remain unaware of how their credit card bill payment habits affect their credit scores. Quite a few credit card holders, even today, simply resort to just paying the minimum payment to avoid penalties.  While this might be okay during emergencies, continuing this

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