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What are the factors that influence the CIBIL score?

The CIBIL scores consider many variables, including 

  • Payment history
  • The total amount of outstanding debt
  • Duration of credit history
  • New loans
  • Credit type

 The credit score is calculated using several parameters and measures the probability of default of a customer.

 

For more information on ths, read this article on factors influencing CIBIL score