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  2. TransUnion CIBIL - Wikipedia

    en.wikipedia.org/wiki/TransUnion_CIBIL

    It is influenced by various factors such as past settlements of loans or credit cards, delayed payments or overdue amounts, and unpaid loans. If your CIBIL score is low, it becomes significantly harder to obtain any type of loan. However, CIBIL scores can be improved, [10] though this process usually takes about 4–8 months. To achieve a good ...

  3. Credit Environment India - Wikipedia

    en.wikipedia.org/wiki/Credit_Environment_India

    In fact, 80% of loans sanctioned are to individuals with a credit score of 750 or above. With over 150 Mio individuals’ data on these bureaus, it accounts for almost 25% of India's working population (taking factor into account that 50% of population is below 25) and is a milestone achievement considering only 7 years of operations for these ...

  4. Bharat Financial Inclusion - Wikipedia

    en.wikipedia.org/wiki/Bharat_Financial_Inclusion

    In Nov 2015, SKS Microfinance Ltd has cut interest rates by one percentage point to 19.75% on the loans it offers to low-income women borrowers, making it the sole Indian microlender to offer loans at a rate below 20%.The move came after Reserve Bank of India (RBI) decided to double the borrower limit for microfinance loans for less than 24 months.

  5. Low-income loans: Personal loans for a tight budget - AOL

    www.aol.com/finance/low-income-loans-personal...

    Payday loansAlthough they’re easy to access if you have a low income and imperfect credit, payday loans should only be used as a last resort for a few reasons. For starters, the interest rates ...

  6. How to qualify for competitive rates on low-interest personal ...

    www.aol.com/finance/qualify-competitive-rates...

    An excellent credit score gives you the best chance of receiving a low interest rate on a personal loan. Before applying, check your credit report to ensure your score is in the best shape and ...

  7. How to buy a house with low income - AOL

    www.aol.com/finance/buy-house-low-income...

    Work on your credit score: Credit score minimums may range anywhere from 500 to 640, depending on the type of loan you apply for. Improving your credit score takes time, so check your reports and ...

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