Business Economy


Live Mint ties up with CRIF High Mark to offer credit score service

New Delhi, Jan 25 (UNI) One of the leading news outlets LiveMint on Saturday announced its partnership with Reserve Bank of India (RBI)-approved credit bureau CRIF High Mark to offer free credit score service for its readers.
"This initiative empowers individuals to check their credit scores without any cost, providing a vital tool for financial awareness and planning," Live Mint said in a media release.
A credit score is a three-digit number which reflects an individual’s creditworthiness based on their credit history and repayment behaviour.
A credit score is essential when applying for credit cards or loans. A high score improves loan approval chances and ensures better interest rates, while a low score can result in higher rates or rejections.
Puneet Jain, CEO of HT Digital Streams, commented, “At HT Digital Streams, we strive to provide our users with quality information while adhering to the highest editorial and ethical standards. Personal finance is a key focus area for us, and this partnership with CRIF enhances our editorial offerings in this domain. By raising awareness about credit scores, we aim to empower our users to take charge of their financial health and make informed decisions.”
HT Digital Streams is the digital news and information vertical of Hindustan Times (HT) group. LiveMint is one of the leading news platforms of the media house.
Commenting on the new initiative, Sachin Seth, Chairman, CRIF High Mark said, “We are excited to collaborate with LiveMint to offer free access to credit scores, equipping individuals with the required knowledge to make informed financial decisions. In today’s dynamic financial environment, understanding one’s credit health is essential for securing better loan terms and building a strong financial portfolio. This initiative is a key step in our mission to enhance financial literacy and provide transparent, accessible credit information."
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