HOW DO CREDIT REPAIR AGENCIES WORK?
Credit score plays a significant role in processing and approving an application for a loan/credit card. A lower score can negatively impact your application and there will be chances of rejection of loan approvals. In such cases, you have to improve your score to avoid further financial problems. So, how can you repair your credit […]
A BRIEF OVERVIEW ON RBI ANNOUNCEMENT REGARDING EMI MORATORIUM
As we all know, the Reserve Bank of India (RBI) allowed all financial institutions to grant a three-month moratorium on all term loans due to the outbreak of COVID-19 and the subsequent lockdown.
6 BEST PRACTICES FOR EFFECTIVE B2B DEBT COLLECTION
In most companies, debt collection is an unfortunate reality. If buyers are eventually unable to pay for their purchase, the effect of those missed dollars can be significant
A B2B BUSINESSES PROACTIVE APPROACH FOR SUCCESSFUL DEBT RECOVERY
Collecting past-debts is necessary in any b2b business, but most of the b2b businesses facing this as a common challenge due to non-payment of customers.
WHY DOES A HIGH CIBIL SCORE NOT GUARANTEE A LOAN OR CREDIT CARD?
One of the biggest myths associated with High CIBIL Score is – Approval of loans or credit cards instantly. But, for sometimes even though you’re having a high credit score
7 MOST COMMON B2B DEBT COLLECTION MISTAKES
While running a business, collecting the past due payments from your business customers can be one of the most daunting aspects.
HOW TO BOUNCE BACK FROM A LOW CIBIL SCORE?
It is no more difficult to bounce back from bad credit if you are keen to follow the right steps to set up yourself for financial success by paying off left debt.
KEY CHALLENGES OF B2B DEBT COLLECTION
Many companies work hard to maximise debt collection performance by closely working with their collection teams and Debt Collection Agencies (DCAs).
WHAT IS THE SARFAESI ACT?
The supreme court, in their latest judgment, has extended the SARFAESI act to cooperative banks.
WHAT’S THE IMPACT OF CHEQUE BOUNCE ON YOUR CIBIL SCORE?
The most important aspects you need to consider while applying for a loan from any bank or financial institution is your credit score which is often considered as a CIBIL Score.