Community

Kallol Bhaumik Domain Consultant at Tata Consultancy Services

Credit utilization, a significant factor in deciding credit score - Time to look beyond

Introduction: Credit utilization plays a major role in deciding the credit score. The long running practice, which needs a serious look so that it plays a balanced role among deciding credit rating and reducing credit card payment fraud and ever increasing NPA on credit card loan and payment default. Traditionally 20-30% of credit utilization of a...

17 August 2021