Consolidating finance bad credit
In India, bureaus such as CIBIL, CRIF-High Mark, Equifax and many more gather data and score individuals which can be used by financial institutions.
CIBIL is the premier scoring bureau used by Indian institutions.
CIBIL (Credit Information Bureau Limited) score is a number in the range 300 - 900.
Conversely, making minimum payments on credit cards could mean months or years before they’re paid off, all while accruing more interest than the initial principal.
Consolidation isn’t a silver bullet for debt problems.
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