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The Indian Credit Reporting System

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This book is about the credit report, credit score, credit analysis and credit rectification which has an important role in making lending decisions for lenders and at the same time it is crucial for those who are aiming to apply for a loan or credit card.

In India, lack of awareness towards this part leads to some and another issue in managing finances.  The CIC Act is meant to handle all data reporting, data correction and alteration however; the lack of knowledge is a big issue in handling credit. Meanwhile the refraining attitude towards credit report analysis and periodical checking that leads to wrong data, inaccurate data or identity theft popping out from your credit report and ignoring all these not only keep you away from taking credit cards or loans but also toll on your reputation.

We have created this piece for providing information to all those who are looking to mend their credit, want to analyze credit reports and improve their credit score. In India, we have 4 credit bureaus and hence, having basic knowledge of this will help each and every one to handle their credit and finance in a better way. With the aim of building a credit healthy nation, we have incorporated our experience of 21 years in this book.

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