HOW DOES IT AFFECT YOUR CIBIL SCORE WHEN YOU APPLY FOR A LOAN?
Applying for a loan can affect your CIBIL score in both bad and good ways. A new loan application may affect your score for a short period due to a hard inquiry made against your CIBIL report. However, it?s up to you to bring it back on track by paying your EMIs on time. Let us see why does it affect your CIBIL score when you apply for a new loan.
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