discuss product offerings by CIBIL

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
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CIBIL (Credit Information Bureau (India) Limited) is a Credit Information Company. This company maintains the records of all the credit-related activities of companies, individuals including credit cards and loans. The registered (member) banks and some other financial institutions periodically submit their information to CIBIL.
CIBIL is only a credit information database and does participate in any lending decisions, It only provides data to the banks and such some other financial institutions for quickly and efficiently filter the loan applications received by them in the course of their business.
It is also a fact that Building and preserving a good CIBIL score is not difficult; still, people tend to mess up their credit usage that harms their CIBIL scores. So use such a credit facility as per actual requirements not to show off.
Write your views and discuss product offerings by CIBIL. 

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