6 Signs That You Are Living Beyond Your Means
Saturday, 27 August 2011, 00:02 IST
By SiliconIndia
By SiliconIndia
Credit Score Below 600
CIBIL tracks your payment history regarding loan payment etc. They use this information to compile a credit score that reflects your credit worthiness. Your Score can range from a low of 300 to a high of 900. The higher the Score the more favourably it is viewed by Credit Institutions. Based on this score the lenders grant you a loan. If your credit score is below 600, you know what your financial situation is and that you are heading in the wrong direction.
![6 Signs That You Are Living Beyond Your Means](/news/newsimages/special/QKUS0u98.jpeg)
CIBIL tracks your payment history regarding loan payment etc. They use this information to compile a credit score that reflects your credit worthiness. Your Score can range from a low of 300 to a high of 900. The higher the Score the more favourably it is viewed by Credit Institutions. Based on this score the lenders grant you a loan. If your credit score is below 600, you know what your financial situation is and that you are heading in the wrong direction.