CIBIL, Credit Information Bureau (India) Ltd., is a company which maintains records of one's payments towards loans and credit cards which (s)he has acquired from banks and other lenders throughout the years. For example, say you have a group of 10 friends in your class from whom you borrow money, and repay over time. And ... →The post Understanding CIBIL score: Importance and factors affecting it! appeared first on Finomena Blog.