A CIBIL score is a numerical value between 300 and 900 which determines the creditworthiness of a borrower. The score is affected by the credit actions of the borrower, such as loan repayment, credit card usage, timeliness in loan repayment, etc. Hence, the higher the credit score, the greater the comfort level of lenders, since the perceived riskiness of the lending profile goes down. If you have a higher credit (CIBIL) score, you can negotiate with the lender for a lower interest rate, longer tenure, etc. Know the benefits as a borrower, of having a high CIBIL score. Click here to read in detail --> https://poonawallafincorp.com/blogs/top-advantages-of-having-high-cibil-score-value-to-apply-online-loan.php Click here for more such insightful blogs --> https://poonawallafincorp.com/blogs.php