Question
What is CIBIL score?
Solution
TransUnion CIBIL Limited (Formerly: Credit Information Bureau (India) Limited) is India's first Credit Information Company (CIC) founded in August 2000. A Credit Score or the CIBIL Score is a three-digit numeric summary of your credit history. The score is derived using the credit history found in the CIR (Credit Information Report). A CIR is an individual's credit payment history across loan types and credit institutions over a period of time.
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