Jagadeesh Mohan, founder of EMI Saver, explained that the good thing is, for example, if you are a home loan borrower and your credit score is on the border or a little less than 750, which is considered a good credit score, there is an opportunity for quicker recovery from one-off mistakes. This happens when scores on different platforms vary, and during the application of a loan, the customer actually gets to know what is right and what needs to be corrected, he further explained. This move will enable rapid improvement in credit profiles, providing better credit opportunities faster.
Your Cibil score could update faster. Here’s what changed
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