1. What exactly is TransUnion CIBIL? Exactly what does it do?
TransUnion CIBIL Limited is IndiaвЂ™s first Credit Information Company, additionally commonly introduced as a Credit Bureau. We gather and keep maintaining documents of individualsвЂ™ and entities that are commercial payments related to loans and bank cards. These documents are submitted to us by banking institutions along with other lenders for a month-to-month foundation; by using this information a CIBIL get and Report for folks is developed, which allows loan providers to judge and accept loan requests.