Transunion CIBIL Score

TransUnion CIBIL


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Doodlebrary

April 24, 2024

  • 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.

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