Credit Reports
Repaid your loan but your credit report still shows it as active? Experts explain how to fix it
Repaid your loan? Your credit report may take time to reflect the closure. Here’s what borrowers should check, which documents to retain and what to do if a closed loan still shows as active.
3 min read22 Sep 2026Should you pay to fix your falling credit score?
Paid credit services promise to explain falling scores, flag unfamiliar accounts and offer personalized guidance. But when does that advice add enough value to justify the fee?
6 min read9 Sep 2026RBI rating rules split local credit agencies, smaller firms warn of business hit
The RBI guideline, issued in April, and applicable from April 2027, effectively penalizes rating agencies whose default rates breach prescribed thresholds for various categories of ratings.
4 min read29 Jun 2026How a ‘settled loan’ tag on your credit report can reduce creditworthiness and affect future loan approvals
A settled loan status on a credit report can negatively impact credit scores, reduce creditworthiness and hurt future loan approvals, while a closed loan status reflects responsible repayment behaviour and stronger financial credibility.
3 min read16 May 2026Your Cibil score could update faster. Here's what changed
RBI has mandated lenders to report credit data weekly instead of fortnightly to ensure more accurate and ‘fresh’ credit scores. This shift enables faster loan approvals and quicker score recoveries for borrowers but also means defaults are detected much faster.
3 min read17 Apr 2026Faster credit reporting may reshape small-ticket fintech lending
Weekly credit updates will reduce the 40-45-day blackout window to about 6-7 days, curbing loan stacking and lowering the risk of consumer disputes.
4 min read1 Apr 2026Old settled loans haunting your credit report? Here’s how to fix them
Settled loans wrongly marked on credit reports can lower credit scores and affect borrowing, but with proper steps, borrowers can correct errors, restore creditworthiness, and improve financial opportunities.
2 min read21 Aug 20257 common credit report errors that you must watch out for
Some common errors in a credit report can include incorrect balance, a closed account is still open, an account is shown delinquent inspite of payment, duplicate entries, inaccurate personal information, incorrect credit enquiries, etc.
5 min read12 Mar 2025Company Credit Report: How to obtain and analyze your business’s credit score
A Company Credit Report (CCR) details a company's creditworthiness through credit rank, payment history, and outstanding debts. Understanding these components is essential for businesses to maintain financial stability and build trust with lenders and partners.
2 min read20 Feb 2025How to read your credit report and safeguard your information? A step-by-step guide
A credit report is crucial for assessing creditworthiness, impacting loans and employment. Individuals must understand their reports and improve them while avoiding scams. Regular monitoring and using authorized channels help protect against fraud, ensuring financial safety and informed decisions.
5 min read7 Feb 2025Wait for it…
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