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Questions and Answers
How does a bounced cheque affect your credit rating?
How does a bounced cheque affect your credit rating?
- It has no impact on your credit rating
- It improves your credit rating
- It reduces your credit rating (correct)
- It freezes your credit rating
What impact will a bounced cheque have on your CIBIL score?
What impact will a bounced cheque have on your CIBIL score?
- It will not affect your CIBIL score
- It will reduce your CIBIL score (correct)
- It will freeze your CIBIL score
- It will increase your CIBIL score
What is the consequence of a bounced cheque in relation to your creditworthiness?
What is the consequence of a bounced cheque in relation to your creditworthiness?
- It diminishes your creditworthiness (correct)
- It enhances your creditworthiness
- It freezes your creditworthiness
- It has no effect on your creditworthiness
How does a bounced cheque influence your CIBIL score?
How does a bounced cheque influence your CIBIL score?
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