Credit score or CIBIL score is a financial repayment history behavior of Individual or Business. Why is your credit score important: All banks and financial institutions are giving loan on the basis of credit score. Grounded along the score value they finalize credit worthiness of individual or business. to know more visit : www.waytobank.com

1. CIBIL SCORE OR CREDIT
SCORE

2. CREDIT SCORE OR CIBIL SCORE
• Credit score or CIBIL score is a financial
repayment history behavior of Individual or
Business.
Why is your credit score important:
• All banks and financial institutions are giving
loan on the basis of credit score. Grounded
along the score value they finalize credit
worthiness of individual or business.

3. CREDIT SCORE PROVIDING
COMPANIES
There is lot of Credit rating providing companies
is there in India out of that banks follows
majorly 3 companies.
• TRANS UNION
• EXPERIAN CREDIT INFORMATION COMPANY
• EQUIFAX CREDIT INFORMATION SERVICE

4. Credit Reports
Credit Reports contain the details of
• Score.
• Credit history of Loans and credit card live and
closed information.
• Details of the payments.
• Enquires about Loans and credit cards

5. Credit Score
Credit Score Range Description
-1 NETURAL: It Defines There is no Credit
History So far of Individual or Company
0 To 1 NETURAL: It Means Insufficient Credit
History
300-650 BAD: Its Shows Very Bad Repayment
Credit History
650-740 GOOD: Its shows customer has a good
repayment track
740-900 VERY GOOD: It Means customer Has
Excellent Track

6. CREDIT HISTORY OF CUSTOMER
• Live Loans Or Credit Card:
Credit History Shows
 Loan or credit card open date closed date.
 Payments received.
 Availed Loan Amount.
 Outstanding Amount.
 Credit Limit.
 Utilization of Credit Limit.
 EMI Amount.
 Bank or Financial Institution Name
 Account No
 Status About the Loan

7. Types of Account updated in CIBIL
• Personal loan
• Home loan
• Credit Card
• Loan Against Property
• Auto Loan (Two wheeler Loan, auto Loan, Commercial vehicle loan)
• Business Loan
• Educational loan
• Overdraft Loan
• Gold loan
• Agricultural Loans
• Site Loans
• Consumer Loans

8. Details about Account

9. Details About The Payment
• 000 ---- On Time Payment
• STD ---- Standard Payments
• 004 ---- Days of delay payments
• 031 ---- Days of delay payments
• 244 ---- Days of delay payments
• Xxx ----- Insufficient payment details
• SMA ---- Special Mentioned Account to Move Sub
• SUB ---- SUB STANDARD Payment paid after 90 days.
• DBT ---- Doubtful: upto 12 months remained for the SUB.
• LSS ---- LOSS to the bank uncollectable.
• NPA ---- Non Performing Asset.

10. DETAILS ABOUT THE OWNERSHIP
• Individual
• Guarantor
• Co Applicant or Co Borrower.

11. STATUS ABOUT ACCOUNT
• Written off:
Written Off: When you are not able to make payments
against the outstanding loan/credit card amount for
more than 180 days, the lender is asked to "write-off"
the measure in question. The lender then proceeds to
report this on your CIBIL Report as "Written off". This is
a detrimental status for the approval of your loan or
credit card applications as the lender may not want to
provide a loan or a credit card to someone who has not
paid dues on past loans or credit cards.

12. STATUS ABOUT ACCOUNT
• Settled: If you have partly paid the dues and
settled a loan or credit card, then the status will
reflect as "Settled" in your credit report. When
you reconcile an account, it means that the credit
institution is agreeing to take a payoff amount
that is less than the amount originally owed.
Because the lending institution is taking a loss, a
status of "settled" may be considered potentially
negative and damaging to the chances of loan
approval.

13. Details about the payment
• OVERDUE:
• Loans, bills of exchange, and other obligations remaining unpaid
past their due (or maturity) date. All financial arrangements
become overdue one business day after their due date.
Restructured Loan
• A loan for which the parties have agreed to alter the terms, usually
to make them more favorable to the borrower. For
example, the borrower may restructure a loan to receive a lower int
erest rate or monthly payment. Restructured loans
are most common if the borrower states that he/she can no longer
afford payments under the old terms. For example,
a borrower may have to accept a new job with less income, forcing
a tighter budget.

14. Details About Enquires

15. Details About Enquires
• This Shows About Customers Enquires which
is done in current and past About Loan, card,
Date, enquired financial institutions.

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