Your Journey to Financial Freedom

Why your Credit Scores Matters more than you think?


Listen Later

The premise behind check your credit score is simple; a number as a tool, that is able to determine with relative accuracy whether any given individual will default on their loan.Since the advent of such formal credit scoring systems in the early 1900s.


The use of this tool, has been fairly limited to financial institutions to determine any individual customer’s risk profile. But over the past two decades, as Credit Information Companies (CICs) have established themselves around the world, and as their presence has become more so ever present in the public consciousness, credit scores are slowly playing larger roles in our lives, especially in India, a country with lax data regulations.


To read more visit : https://www.elearnmarkets.com/blog/why-your-credit-scores-matters-more-than-you-think/

...more
View all episodesView all episodes
Download on the App Store

Your Journey to Financial FreedomBy Elearnmarkets


More shows like Your Journey to Financial Freedom

View all
Moneycontrol Podcast by moneycontrol

Moneycontrol Podcast

12 Listeners