Very Important Facts about CIBIL Score

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It is essential to know what is considered as good CIBIL score and what your rating is. Following are the each CIBIL score rating-
Rating 0 or -1: If the CIBIL score is 0 or less than 0 then it means that there is absolutely no credit history created through credit cards or loans.
Rating 350 – 550: This rings an alarm as it is considered as a very bad score by banks and financial institutions.
Rating 550 – 650: ndividuals with this credit rating are doing well on their financial part of life.
Rating 750 – 900: This is considered as the best range to be in CIBIL score. This also means that you are a financial expert.

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