The Medicare data leak has triggered fresh fears around Social Security number exposure and identity theft across the United States. A publ...

Secured loans offer MSMEs a pathway into the formal credit system, eliminating the need for years of audited financials or a long operation...

Indians are facing a new threat: PAN-based loan fraud. Criminals are using stolen PAN details to take out loans without consent. This is da...

An add-on credit card is issued against an existing primary credit card account. The primary cardholder remains the account owner and the s...

Lenders will now report to credit bureaus weekly, a shift from fortnightly, enhancing real-time borrower risk assessment. This move is expe...

According to industry experts, the rise in complaints should be seen as both a warning and an opportunity -- a signal that grievance mechan...

In India, major credit bureaus, such as CIBIL, Equifax, Experian and CRIF High Mark, provide credit scores. A healthy credit score can lead...

"A credit card is the most expensive piece of plastic in the world. You are charged 40% interest if you don’t pay on time. You would think ...

The regulator said there will also be a provision for SMS and email alerts to customers when their credit information is accessed from CICs...

One of India’s biggest credit bureaus, Experian Plc told the Reserve Bank of India in July that HDFC Bank has been late in providing detail...

Data privacy law awaited to determine scores using sources such as mobile phone and e-wallet usage

Among the polled cities, Delhi and Bengaluru have better awareness with 25 per cent respondents being aware that a good credit score will h...

The regulator observed that in many instances, charges for merchants were bundled and a composite fee was levied on merchants irrespective ...

RBI gave in-principle nod to 11 aspirants to set up payments banks last August. While some like Tech Mahindra and Cholamandalam have since ...

Difference in methodology sometimes leads to major confusion, leaving borrowers puzzled as the same individual can be given different credi...

Credit bureaus take the credit utilisation ratio into account: higher the ratio, lower the score.

Credit information bureaus should use Aadhaar number to enable smoother working of the credit market and root out cases of identity frauds,...