TransUnion CIBIL
Doodlebrary
- Company Name – TransUnion Cibil Limited.
- Business Type – Credit Information
- Founded On – Aug 2000.
- Age – 21 Years.
- Address – One Indiabulls Centre, Tower 2A-2B,19th Floor, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra, India.
- Service Area – India.
- Website – transunioncibil.com
- India’s Most popular agency is TransUnion CIBIL.
- TransUnion is an American Multinational Company.
- It’s a credit information company operating in in India.
- TransUnion Cibil maintain More than 32 million businesses and 600 million individuals credit files in India.
- Competitors of Transunion Cibil are CRIF High Mark, Equifax, Experian.
- TransUnion has partnership with New Jersey Based Dun & Bradstreet, who maintains 150 million business files worldwide.
- Trans Union CIBIL aggregates consumer borrowing and payment information for the purpose of assessing loan risk and pricing credit (setting the interest rate).
- It has partnered with Chicago-based TransUnion.
- Consumer credit scores are also used in unemployment decisions, although there are no studies in India showing that impaired credit leads to employee misconduct and unemployment.
- To become TransUnion CIBIL in 2016 TransUnion acquired 92.1% stake in CIBIL.
- In 2007 India’s first generic risk scoring model for banks and financial institutions “CIBIL Score” introduced.