Workshop on “Driving access to Finance: Role of CIBIL Score and Report”
17.02.2020 |4.00 p.m. | Hotel daspalla, Darshini hall, Visakhapatnam
The Vizagapatam Chamber Of Commerce & Industry in partner with FICCI and initiative partner TransUnion Cibil has organized a workshop on Role of Cibil in driving access of Finance. Ms Payel Ghosh, Manager TransUnion Cibil is a keynote speaker.
Ms. Payel Ghosh said that Understanding the importance of CIBIL Score and Report in their financial life would help an individual in developing credit histories into a “reputation collateral” for themselves and their businesses which in turn will lead to economic growth and overall development of the nation.
She had given detailed information about 3 digit numeric summary of credit history and also discussed about the major factors like payment history, High credit utilization, multiple enquiries, Credit Mix that affect the CIBIL score.
She discussed the role of Cibil and had detailed information on the credit you have availed, such as home loan, automobile loan, credit card, personal loan, overdraft facilities as well as understanding of Cibil report and Cibil score with special focus on Cibil MSME Rank.
The workshop aim is to educate members and bringing awareness on the importance of maintaining a good credit history for availing easier, faster and cheaper access to credit both for self and business development of what goes into the making of their personal and commercial credit report and score.