Credit score confusion: Is CIBIL transparent enough in deciding your financial fate?
Last Update Date: 06-10-2026
Published by India Today
Abhishek Kumar's role: Quoted
Abhishek Kumar explained how credit bureaus collect monthly data from lenders, why scores matter for loan approval and how to dispute errors. He suggested paying on time, applying for loans cautiously and keeping credit use below 30% of the limit.
More of Abhishek's views on debt and loans
The article explains how credit bureaus in India work after an MP raised transparency concerns about credit scores in Parliament. It covers who regulates the bureaus, why the 300–900 score matters to lenders, how much of the scoring method is disclosed, how to dispute errors, and common habits that lower a score.
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Credit score confusion: Is CIBIL transparent enough in deciding your financial fate?