Before you try to assess your credit report to determine your credit behaviour, it is critical to understand the various credit bureaus in charge of preparing that report.

1. Different types of credit
bureaus in India

2. What does the credit
bureau mean?
* It is the agency in charge of
gathering your personal and financial
information.
* It analysis your credit behaviour and
prepares a credit report based on it.

3. What kinds of data do
credit agencies gather?

4. Personal details
• They collect details of your
employment, address, etc.

5. Data from public records
• They gather information
on liens, bankruptcy,
and loan settlements.

6. Hard enquiries
They keep track of all the
inquiries made by different
lenders regarding your credit
behaviour.

7. Tradelines
They gather information about your current
or previous debts from various lenders.

8. Different credit agencies in India

9. TransUnion CIBIL
• It was established in
2000.
• The CIBIL score
ranges from 300-850.

10. Equifax
• It was established in 1899.
• Its credit score ranges from 1-999.

11. Experian
• It came into existence in 2006.
• It shows a credit score within
the range of 300-900.

12. CRIF High Mark
• It is an RBI-approved agency
which was established in
2007.
• Its credit rating ranges
between 300 and 900.

13. The credit score determined by the various
credit bureaus plays a significant role in loan
approval.

14. Thanks
Would Love to hear from you.
Hero Fincorp Limited
09, Basant Lok, Vasant Vihar, New Delhi - 110057
Tel : 18001024145
Email : customer.care@herofincorp.com
Website : https://www.herofincorp.com/
Know More : Top Credit Bureaus in India You Should Know