Which of the following plays an important role in the loan approval process? A. Credit Information Report (CIR) B. CIBIL TransUnion Score C. Only A D. Both (A) and (B) E. None of the Above

Which of the following plays an important role in the loan approval process? A. Credit Information Report (CIR) B. CIBIL TransUnion Score C. Only A D. Both (A) and (B) E. None of the Above
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D. Both (A) and (B) Explanation: The Credit Information Report (CIR) and CIBIL TransUnion Score are very important in the loan approval process.
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Which of the following is/are technical partners of CIBIL? A. TransUnion International B. Dun and Bradstreet C. SIDBI & PSBs D. Both (A) and (B) E. Both (A) and (C)

Description : Which of the following is/are technical partners of CIBIL? A. TransUnion International B. Dun and Bradstreet C. SIDBI & PSBs D. Both (A) and (B) E. Both (A) and (C)

Last Answer : D. Both (A) and (B) Explanation: TransUnion International and Dun and Bradstreet are technical partners of CIBIL.

With ICICI and BoB sold there shareholding in CIBIL, who has bought their percentage of shares? A) Aditya Birla Trustee Company Private Ltd. B) Indian Overseas Bank C) TransUnion International Inc D) Union Bank of India E) India Infoline Finance Limited

Description : With ICICI and BoB sold there shareholding in CIBIL, who has bought their percentage of shares? A) Aditya Birla Trustee Company Private Ltd. B) Indian Overseas Bank C) TransUnion International Inc D) Union Bank of India E) India Infoline Finance Limited

Last Answer : C) TransUnion International Inc Explanation: Earlier the shareholding patterns of CIBIL were TransUnion International Inc (66.1%) ICICI Bank Ltd (6%) Bank of Baroda (5%) Bank of India (5%) Union ... Private Ltd. (4%) India Alternatives Private Equity Fund (2.9%) India Infoline Finance Limited (1%)

Which of the following holds majority stake in CIBIL? A. Bank of India B. Bank of Baroda C. United Bank of India D. TransUnion International E. ICICI Bank Ltd

Description : Which of the following holds majority stake in CIBIL? A. Bank of India B. Bank of Baroda C. United Bank of India D. TransUnion International E. ICICI Bank Ltd

Last Answer : D. TransUnion International Explanation: TransUnion International Inc (66.1%) ICICI Bank Ltd (6)% Bank of Baroda (5)% Bank of India (5)% Union Bank of India (5)% Indian Overseas Bank (5) ... Company Private Ltd. (4)% India Alternatives Private Equity Fund (2.9%) India Infoline Finance Limited (1%)

Which of the following holds minority stake in CIBIL? A. Bank of India B. TransUnion International C. Aditya Birla Trustee Company Private Ltd D. ICICI Bank Ltd E. India Infoline Finance Limited

Description : Which of the following holds minority stake in CIBIL? A. Bank of India B. TransUnion International C. Aditya Birla Trustee Company Private Ltd D. ICICI Bank Ltd E. India Infoline Finance Limited

Last Answer : E. India Infoline Finance Limited Explanation: India Infoline Finance Limited – 1%

Which of the following holds 4% stake in CIBIL? A. Bank of India B. TransUnion International C. Aditya Birla Trustee Company Private Ltd D. ICICI Bank Ltd E. India Infoline Finance Limited

Description : Which of the following holds 4% stake in CIBIL? A. Bank of India B. TransUnion International C. Aditya Birla Trustee Company Private Ltd D. ICICI Bank Ltd E. India Infoline Finance Limited

Last Answer : C. Aditya Birla Trustee Company Private Ltd Explanation: Aditya Birla Trustee Company Private Ltd – 4%

This is how CIBIL Score differs from CIBIL Report?

Description : This is how CIBIL Score differs from CIBIL Report?

Last Answer : This is how CIBIL Score differs from CIBIL ReportIf you are new to the banking industry, you would realize the repeated use of the words CIBIL Score and CIBIL Report. This happens when customers want ... Experian) whereas CIBIL score can only be provided by CIBIL India. All four scores are equally

Why can't I get my free credit report from Equifax and TransUnion?

Description : Why can't I get my free credit report from Equifax and TransUnion?

Last Answer : “Free” doesn’t mean that you get to dictate terms, I guess.

Credit Information Bureau India Limited (CIBIL) is India‟s first Credit Information Company (CIC) headquartered at ________ A. Mumbai B. New Delhi C. Noida D. Gurugram E. Hyderabad

Description : Credit Information Bureau India Limited (CIBIL) is India‟s first Credit Information Company (CIC) headquartered at ________ A. Mumbai B. New Delhi C. Noida D. Gurugram E. Hyderabad

Last Answer : A. Mumbai Explanation: Credit Information Bureau (India) Limited (CIBIL) is India‘s first Credit Information Company (CIC) founded in August 2000. CIBIL collects and maintains records of an individual‘s payments pertaining to loans and credit cards.

Which of the following is India‟s first Credit Information Company? A. CRISIL B. CIBIL C. SMERA D. CERSAI E. CARE

Description : Which of the following is India‟s first Credit Information Company? A. CRISIL B. CIBIL C. SMERA D. CERSAI E. CARE

Last Answer : B. CIBIL Explanation: TransUnion CIBIL Limited is India s first Credit Information Company, also commonly referred as a Credit Bureau. It collect and maintain records of individuals and ... (CIR) and Credit Score is developed, enabling lenders to evaluate and approve loan applications.

Which of the following was the first credit rating agency of India? A. CIBIL B. Equifax C. CRISIL D. ICRA E. Experian

Description : Which of the following was the first credit rating agency of India? A. CIBIL B. Equifax C. CRISIL D. ICRA E. Experian

Last Answer : A. CIBIL Explanation: Credit Information Bureau (India) Ltd; CIBIL is India s first Credit Information Company, also commonly referred as a Credit Bureau. We collect and maintain records of ... licensed by the RBI and governed by the Credit Information Companies (Regulation) Act of 2005.

.Which of the following fee arrangements is in violation of the Code of Professional Conduct? a. A fee based on whether the CPA's report on the client's financial statements results in the approval of a bank loan. b. A fee based on the outcome of a bankruptcy proceeding. c. A fee based on the nature of the service rendered and the CPA's particulaexpertise instead of the actual time spent on the engagement. d. A fee based on the fee charged by the prior auditor.r

Description : .Which of the following fee arrangements is in violation of the Code of Professional Conduct? a. A fee based on whether the CPA's report on the client's financial statements results in the approval of a ... actual time spent on the engagement. d. A fee based on the fee charged by the prior auditor.

Last Answer : A fee based on whether the CPA's report on the client's financial statements results in the approval of a bank loan

How high does your score have to be for approval on an apartment rental credit check?

Description : How high does your score have to be for approval on an apartment rental credit check?

Last Answer : Credit scores range from 300 to 850. The average credit score is 678. A score under 620 would put you in the higher risk category, where you may not qualify to rent the apartment.

Does the personal loan app affect CIBIL?

Description : Does the personal loan app affect CIBIL?

Last Answer : No, when u buy a loan by a personal loan app then you have to fill the amount before the tenure period of the time. The loan amount should be returned on time. When u returned the loan ... does not affect by the app.Here are some of the Apps1. Mudrakwik2. Kreditbee3. LoanMart4. CashBean5. MoneyTap

The structure of the registry which will enable quick sharing of information about unstructured borrowers and help banks fight bad loans. The registry is called _______ A. CIBIL B. Fraudelent Borrowers List C. RBI wilful Defaulter List D. Central Fraud Registry E. None of the Above

Description : The structure of the registry which will enable quick sharing of information about unstructured borrowers and help banks fight bad loans. The registry is called _______ A. CIBIL B. Fraudelent Borrowers List C. RBI wilful Defaulter List D. Central Fraud Registry E. None of the Above

Last Answer : D. Central Fraud Registry Explanation: The Reserve Bank of India has operationalised a Central Fraud Registry (CFR). The registry will make available more information to banks at the time of starting a ... of an account. The CFR is a centralised searchable database which can be accessed by banks.

Which of the following is the only Central Record Keeping Agency (CRA) appointed by the Government of India? A. CIBIL B. SEBI C. NABARD D. SHCIL E. None of the Above

Description : Which of the following is the only Central Record Keeping Agency (CRA) appointed by the Government of India? A. CIBIL B. SEBI C. NABARD D. SHCIL E. None of the Above

Last Answer : D. SHCIL Explanation: SHCIL is appointed as Central Record-keeping Agency (CRA) and associated with stamp duty collection and not valuation.

Which area in the world witness’s highest seismic earthquake activity in the world. a. Mid-continental belt b. Cir-cum Pacific belt c. Mid-Atlantic belt d. All of the above

Description : Which area in the world witness’s highest seismic earthquake activity in the world. a. Mid-continental belt b. Cir-cum Pacific belt c. Mid-Atlantic belt d. All of the above

Last Answer : b. Cir-cum Pacific belt

Will I get an auto loan with a credit score of 662?

Description : Will I get an auto loan with a credit score of 662?

Last Answer : answer:Yes, you will. But a 662 will probably get you a less attractive rate than if you had a 750, because you will be perceived (right or wrong) as more of a credit risk. The amount they give you will ... income, and the age and condition of the car. There's no way for us to know either of those.

How can I get a student loan, in Alberta, with a 725 credit score?

Description : How can I get a student loan, in Alberta, with a 725 credit score?

Last Answer : Contact a branch of ATB Financial and ask a credit officer.

How can you refinace your car loan, which is at 10%. When you have a credit score under 690, and your bank already told you no?

Description : How can you refinace your car loan, which is at 10%. When you have a credit score under 690, and your bank already told you no?

Last Answer : Do you have a credit union? If you have automatic payroll withdrawal, maybe. For a bad credit score, 10% is not a bad rate.

Does a bounced cheque affect your credit score, even if no loan payment is involved?

Description : Does a bounced cheque affect your credit score, even if no loan payment is involved?

Last Answer : Bounced cheque doesn't affect the credit score until the payment is related to a loan transaction.Banks doesn't report transactions to credit bureaus. but remember that when you take a loan in ... transactions.but if the same problem persists then bank could deny the loan. hope this helps

Can I apply for a car loan with a credit score of 593?

Description : Can I apply for a car loan with a credit score of 593?

Last Answer : This is a very poor credit score. You can apply but it isunlikely you will get a loan without a cosigner. If you are able toget a loan without a cosigner your interest rate will be very highas compare to someone with a good credit score of over 700.

How might your credit score impact your loan intrest?

Description : How might your credit score impact your loan intrest?

Last Answer : What is the answer ?

Does unsecured loan affect the credit score?

Description : Does unsecured loan affect the credit score?

Last Answer : Not only unsecured loans, but any loan you take affect your credit score.If you are paying the EMIs regularly without delay then it will boost your credit score and vice-versa.If you are interested in ... com, submit your details and choose the bank with best interest rates. It's as easy as that.

Will a low credit score hurt my chances of getting a car loan?

Description : Will a low credit score hurt my chances of getting a car loan?

Last Answer : While it may be more difficult for someone with a low credit sccore to get as good of a loan as someone with a good credit score, it is not necessarily a problem or impossible. For more information www.efunda.com/formulae/finance/loan_calculator.cfm offers loan calculators.

When buying a house, will a loan company tell you your credit score?

Description : When buying a house, will a loan company tell you your credit score?

Last Answer : Any type of loan company you talk to will be able to let you know your credit score. As long as you have a really good credit score you should have no problem getting a second home.

What do I need to improve my credit score for an auto loan?

Description : What do I need to improve my credit score for an auto loan?

Last Answer : To improve you credit score for an auto loan, you need to pay off your bills on time. You should pay off your debt. You should not take out additional credit and you should check your credit report.

Which banks would give you a loan if your credit score was 220?

Description : Which banks would give you a loan if your credit score was 220?

Last Answer : The minimum credit score (CIBIL Score) is 300 and if your credit score is 220 so don't worry about it. I am giving some loan companies names that have a less interest rate on the loan ... that provide you a loan with the lower Credit Score:1. LoanMart2. Bajaj Finance3. Ujjivan4. MudraKwik5. IIFL

What does amortization mean? A. Spreading payments over multiple periods B. Buying a financial instrument in order to sell the same instrument at a higher price in another market C. Issuance approval,by a credit card issuer D. Buying the underlying securities at a specified excercise price E. None of the Above

Description : What does amortization mean? A. Spreading payments over multiple periods B. Buying a financial instrument in order to sell the same instrument at a higher price in another market C. Issuance approval, ... issuer D. Buying the underlying securities at a specified excercise price E. None of the Above

Last Answer : A. Spreading payments over multiple periods Explanation: Amortization is an accounting term that refers to the process of allocating the cost of an intangible asset over a period of time. It also refers to the repayment of loan principal over time.

Which of the following has exited the shareholding of CIBIL? A) ICICI and Bank of India B) United Bank of India and Aditya Birla Trustee Company Private Ltd. C) United Bank of India and Bank of Baroda D) ICICI and Bank of Baroda E) Indian Overseas Bank and ICICI

Description : Which of the following has exited the shareholding of CIBIL? A) ICICI and Bank of India B) United Bank of India and Aditya Birla Trustee Company Private Ltd. C) United Bank of India and Bank of Baroda D) ICICI and Bank of Baroda E) Indian Overseas Bank and ICICI

Last Answer : D) ICICI and Bank of Baroda Explanation: ICICI Bank has sold its whole six per cent stake in the company, while Bank of Baroda has sold its whole five per cent holding.

Which of the following is the slogan of CIBIL? A. Empowering Banks B. Empowering Women C. Empowering India D. Empowering you E. None of the Above

Description : Which of the following is the slogan of CIBIL? A. Empowering Banks B. Empowering Women C. Empowering India D. Empowering you E. None of the Above

Last Answer : D. Empowering you Explanation: Slogan: Empowering you

How many divisions are there in CIBIL? A. one B. Two C. Three D. Four E. None of the Above

Description : How many divisions are there in CIBIL? A. one B. Two C. Three D. Four E. None of the Above

Last Answer : B. Two Explanation: It has two divisions : Consumer Bureau and Commercial Bureau

Which of the following is the country‟s largest custodian and depository participant? A. CIBIL B. SEBI C. NABARD D. SHCIL E. None of the Above

Description : Which of the following is the country‟s largest custodian and depository participant? A. CIBIL B. SEBI C. NABARD D. SHCIL E. None of the Above

Last Answer : D. SHCIL Explanation: Stock Holding Corporation of India Ltd (SHCIL), India‘s largest custodian and depository participant.

What is credit? Explain with an example, how credit plays a vital and positive role for development. -SST 10th

Description : What is credit? Explain with an example, how credit plays a vital and positive role for development. -SST 10th

Last Answer : Credit refers to an agreement between a lender and a borrower where the lender gives money, goods or services to the borrower in the assurance of future payment. Example: 1. A shoe manufacturer takes ... is able to complete production on time with the help of loans. It gives him profit too.

What's the best way to get my credit report / score?

Description : What's the best way to get my credit report / score?

Last Answer : you can get a free copy at annualcreditreport.com. This will tell you what your report says but it won't give you your FICO score. You will have to pay for that. There are three credit reporting agencies, ... to one or two. Each must give you a free credit report once a year if you request it.

Getting a credit report/score?

Description : Getting a credit report/score?

Last Answer : The following link goes to a government web page that talks about how to get your free credit report and how often you can view it and all of that stuff.. http://www.ftc.gov/bcp/conline/edcams/freereports/index.html

Where can someone get a free credit report and find their credit score?

Description : Where can someone get a free credit report and find their credit score?

Last Answer : Visit annualcreditreport.com to get your free credit report. This company will be able to provide your local electric company with all the information they need.

What is a good website to get my credit report credit score?

Description : What is a good website to get my credit report credit score?

Last Answer : There are many website to get your credit report credit score. You can go to www.equifax.com/ or www.creditscoring.com/pages/bar.htm to find the score.

Where can I get a free credit report score?

Description : Where can I get a free credit report score?

Last Answer : You can get a free credit score from free credit report.com You can also ask around for good ways to keep your credit high so people will be more willing to accept you as a client. Good luck on finding something out.

Regularly Monitoring a Credit Score Report?

Description : Regularly Monitoring a Credit Score Report?

Last Answer : Lenders and prospective employers check credit score reports to determine if people qualify for loans and employment. Credit score reports serve as indicators of financial responsibility based on the ... own credit score reports through the three major credit score reporting agencies once per year.

FICO Reports Credit Report Score?

Description : FICO Reports Credit Report Score?

Last Answer : Fair Isaac Corporation is the major credit scoring company that compiles your credit scores from your payment history. Your credit scores indicate the risk involved that you will not default on your payments. ... check your raw credit score by paying a small fee. Compare it to credit bureau reports.

Will the USDA report to the credit companies that my home loan was paid?

Description : Will the USDA report to the credit companies that my home loan was paid?

Last Answer : answer:@Dutchess_III If you reported under chapter 7/13, reporting regulations change when debt is discharged via bankruptcy. The fact that you paid off the loan will unfortunately not reflect on your credit rating moving forward. Here is a quick link with more info.

If your student loan has been placed on a conditional discharge can it be removed from a credit report?

Description : If your student loan has been placed on a conditional discharge can it be removed from a credit report?

Last Answer : I would not think so. I believe you would need the discharge documents to submit to the bureaus.

I had filed for bankruptcy 2yrs ago and it was dismissed. I have a zero balance on a auto loan that shows on my credit report. Do I still have to make my car payments?

Description : I had filed for bankruptcy 2yrs ago and it was dismissed. I have a zero balance on a auto loan that shows on my credit report. Do I still have to make my car payments?

Last Answer : If you reaffirmed your car loan during your bankruptcy, you agreed to continue making the payments. If you included your car in the bankruptcy, then the loan was wiped clean, as it appears to have ... the lawyer who handled your bankruptcy, but my guess is that your car slipped through the cracks.

How long is the hdfc credit card approval process?

Description : How long is the hdfc credit card approval process?

Last Answer : The credit card approval process can range from instant credit approval (such as a mere sixty seconds) to over a few days while the bank does a detailed credit check on you to ensure you are low risk.

Does a mortgage pre approval guarantee a mortgage loan approval?

Description : Does a mortgage pre approval guarantee a mortgage loan approval?

Last Answer : Pre-approval for a mortgage does not guarantee that you will be approved a mortgage loan. However it does mean that it is very likely that you will be approved when you apply.

Can I get my loan approval online?

Description : Can I get my loan approval online?

Last Answer : Yes, Anyone can get Loan approval online. By filling your personal details in the app.Documentation ProcedureBest Loan Apps Names1. Mobikwik2. Mudrakwik3. Early Salary4. LoanMart5. KreditBee

“Air transport plays an important role in the international trade.” Support the statement. -Geography

Description : “Air transport plays an important role in the international trade.” Support the statement. -Geography

Last Answer : (i) Air transport is the fastest means of transportation but it is very costly. It plays an important role in international trade. (ii) Valuable cargo can be moved rapidly on a worldwide scale ... . (v) Today more than 250 commercial airlines offer regular services to different parts of the world.

Give two reasons why Tamil Nadu plays an important role in the production of cotton textiles? -SST 10th

Description : Give two reasons why Tamil Nadu plays an important role in the production of cotton textiles? -SST 10th

Last Answer : (i) Most of them manufacture yam only to meet the needs of handloom weavers. (ii) It also has proximity to vast local market, availability of cheap skilled labour and hydel power.

Which device plays the most important role in the development of technology ?

Last Answer : Computers make the biggest contribution to the development of technology.

Do you think a leader plays an important role in a country?

Description : Do you think a leader plays an important role in a country?

Last Answer : ROLES OF THE LEADER. Make sure you fulfill the following critical roles of a leader to drive the success of your practice. Provide a Vision. ... Establish Effective Organizational Structure and Communication ... . ... Inspire and Motivate. ... Delegate and Empower. ... Effective Time Management.