Things one cannot find in CIBIL Score but have some weightage

Financial Information Other Than Loans or Credit Cards

1. Credit reports include only credit-related details and exclude savings or investment account information.

1. Transactions in accounts, such as FDs (Fixed Deposits), current accounts, or trading accounts that do not impact on your credit score.

Employment and Income

1. Your credit report does not display your job or income details.

1. If you provided them with employers’ names during a loan application, then it will appear in the credit report.

Non-Traditional Loans

1. Loans from pawn shops, private lenders, or informal sources do not appear in credit reports.

1. Records only loans from banks and recognized financial institutions.

Utility Bills

1. Utility payments, such as electricity, water, telephone, and similar utilities are not shown in the credit report.

Irrelevant Personal Information

1. It does not show marital status, details of spouse, or other personal information.

1. The focus remains purely on your financial behaviour and credit responsibility.

Credit Information of Your Spouse

1. Your credit report reflects only your credit history, not your spouse’s.

1. Even for joint loans or shared accounts, your report contains only your data.

Reasons for Early or Late Settlement

1. While settlements appear in the credit report, the reasons behind them are not mentioned.

Monthly Payment History Beyond 3 Years

1. Credit reports capture the monthly payment history of up to 36 months.

1. Regular review helps identify discrepancies early.

 Credit utilization ratio

1. The credit utilization ratio is not directly displayed in credit reports.

1. Banks calculate it using available credit limits and usage details.

1. A utilization ratio below 30% is generally viewed positively.

List of Defaulters

1. A separate list of defaulters are not present in the credit report.

1. Defaults are recorded within your report and can lower your credit score.

Status and Analysis of Credit Approvals

1. Credit reports do not predict future loan or credit approval outcomes.

1. Each lender uses its own criteria, including payment history, debt level, and utilisation patterns.

Data Related to Savings and Investment

1. Credit reports focus on your debt repayment history and exclude savings or investment details.

1. Information about savings accounts, investments, or asset values is not included.

CIBIL ratings are becoming increasingly prominent in our financial system. While member institutions, currently, largely comprise banks and credit card issuers and other financial institutions extending credit, it is likely that insurance companies and telecom companies may soon join the fray.

Many employers are also leaning towards credit checks as a way to assess new hires, especially in the case of high-level recruits. With credit becoming an indispensable part of people's lives, it is essential all individuals make CIBIL Credit Information Reports a part of their financial planning and review process for easy availability of credit to achieve personal financial goals.

Which Components are Present on Credit Report?

The below mentioned are few components that can be found on the credit report:

Profile Information

1. Displays personal details such as your name, date of birth, and gender as reported to CIBIL by various institutions.

1. Includes identification details, such as passport number, driver’s license, PAN, and voter ID provided by lenders.

1. Lists up to four addresses (residential, office, permanent, or temporary) and email IDs shared by lenders.

1. Your CIBIL Report helps lenders make quicker, objective decisions by compiling your credit payment history from banks and financial institutions.

Contact Details

1. Addresses

1. Mobile numbers or telephone numbers

1. Email IDs

Employment Details

1. Contains information about your occupation and income at the time of opening a credit facility, as provided by the lender.

Enquiry Information

Lists all lender enquiries made for your credit applications, including:

1. The name of the lender.

1. Application date

1. Loan type

1. Loan amount

Account Information

1. Loan and credit card accounts.

1. Lender names

1. Types of credit (home loan, auto loan, credit card, etc.)

1. Account numbers, ownership type (single/joint)

1. Account opening date

1. Last payment date

1. Loan amount

1. Outstanding balance

1. Overdue amounts

1. A 36-month payment history

1. A yellow box indicates sections under dispute, which will be removed after resolution.

However, the corrected details depend on lender confirmation.

CIBIL Score

1. Displays your CIBIL Score (ranging from 300–900), used widely by lenders to assess loan eligibility.

1. The score is based on information in the "Accounts" and "Enquiry" sections.

A good credit score can help you secure lower interest rates on loans and credit cards.

Get Free Credit Score