Archive for the ‘Business Credit’ Category
Saturday, July 12th, 2008
SEC, the US regulator has issued an investigation report on the working of the leading rating agencies. The report raises questions on the working of the agencies on several critical operations. Rating agencies did not have adequate staff to handle the flow of assignments thus hampering the timeliness of the ...
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Thursday, July 3rd, 2008
Credit Profiling is set to become a reality in India with the licensing of Credit Bureaus. Moreover, CIBIL has already become operational and a number of banking and financial companies are downloading credit histories on prospective borrowers. Credit Bureaus are a boon for the financial markets but in some cases ...
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Monday, January 21st, 2008
Applying for Credit Information Bureau in India
With the new thinking of the government to allow only 5% FDI in this sector has made some of the leading Credit Information companies to rethink their India strategy.
India does need world-class Credit Information Bureaus to make its financial markets more efficient and transparent ...
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Sunday, January 20th, 2008
What are Credit Reports?
Credit Reports are information report on the credit history of the subject as maintained by credit reporting companies. The information contained in the Credit Report may be categorized as Business Information, Borrowing Accounts, Financial Performance, Inquiries and Negative items. These Credit Reports would be used by prospective ...
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Sunday, January 20th, 2008
How do Credit Scores Help?Scores provide an objective view of the associated credit risk. Making use of credit scores in the process of business transactions assists in:Faster processing of transactionsFairer decison-making processReduction in weightage of earlier credit problems.]]>
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Friday, January 18th, 2008
Credit Scoring is the aggregation of all risk points into a single number to represent chances of default on any future obligations. Thousands of different credit scoring methods exist today for various evaluation purposes. Each unique credit scoring system is accurate and correct for its own application. The credit scores ...
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