In a significant move in the history of Indian consumer finance, CIBIL, India’s first Credit Reporting Agency has started accepting requests from consumers for Credit Information report.
Until now, Consumers had the right to see their credit report through the bank which made credit inquiry. Henceforth, Customers can directly request such reports by paying a small fees of Rs 142. Looks like CIBIL has some kind of pilot project understanding with CardBhai through which the forms to request Credit Information report are made available.
This is really cool as transparncy will come to both the sides.