Good CIBIL Get is actually your own credit history you to proves an effective borrower’s credit worthiness. The brand new get range between 300 and you may 900. The higher the fresh score, better ‘s the chance to get an unsecured loan approval. A consumer loan to have CIBIL Score of five-hundred is tough so you’re able to score. Financial institutions and you can NBFCs favor CIBIL Get out of 750 and you may significantly more than in order to agree a personal bank loan. not, several loan providers may approve the loan to own get out of 550, but in the a higher level of interest, charge, and you may charge.
Do you really rating that loan which have Credit score away from 550?