Difference between Credit Score, Credit Report and Credit Rating Ahmedabad 9426497770 /079-40099917

Loan,credit card rejected ? low credit score call 079-40099917 VERITAS -Independent Financials Advisors, Ahmedababd INDIA www.veritastheteam.com

Difference between Credit Score, Credit Report and Credit Rating 

Due to the interchangeable use of these closely related terms, there is often confusion between the terms credit score, credit report and credit rating.

Following is a table comparing these three terms**:

Credit Score	Credit Report	Credit Rating
A statistically generated 3-digit number that sums up your creditworthiness.	A historical record of the repayment schedules of all loans and credit cards of an individual.	This conveys the creditworthiness of companies, countries or governments.
A high credit score (closer to 900) improves your chances of getting a loan approved. A low credit score (closer to 300) adversely affects your chances of getting a successful approval on loans or credit card applications from lenders.	A clean credit report leads to a good credit score. The credit history of a good credit report proves that the borrower was good at managing various debt instruments.	Credit rating is usually denoted by grades, such as AAA, AA, B++, etc. A company rated as AAA would be able to raise funds at a much lower rate as compared to the companies with lower ratings.
Changes depending on how well or poorly the borrower manages his/her debt instruments, such as loans/credit cards.	An entry in your report stays for around 5 years till it is replaced by newer entries.	Changes depending upon the performance of the industry, the market or the company/country.

**The above table is indicative and the information provided is subject to change.

Credit Report for Business

A business credit report is also generated by various credit bureaus and these reports play a vital role in determining the sanctioning of business loans. Unfortunately, a free credit report is currently only available for individuals not for businesses, therefore you will have to pay a fee when you seek a business credit information report. Additionally, business credit information reports may take a few more working days to reach at the mentioned address as compared to an individual’s credit report, which takes about 7-10 business days to reach the mentioned address.

તમને જો નીચે પ્રમાણે ની કોઈ સેવાઓની  જરૂરિયાત હોય, તો  મેહરબાની કરીને અમારો  સંપર્ક કરવા વિનંતી  ઘર બેઠા સર્વિસ આપવામાં આવશે

1. Gumasta ધારા (દુકાનો અને મહેકમ) લાઈસન્સ & નવીકરણ
2. નોટરી / સોગંદનામું
3. જન્મ પ્રમાણપત્ર
4. લગ્નની નોંધણી / લગ્નનું પ્રમાણપત્ર
5. પાસપોર્ટ તાજા, નવીકરણ, મુખ્ય નાના
6. નામ ટ્રાન્સફર વીજળી , મ્યુનિસિપલ કોર્પોરેશન, ગેસ એજન્સી
7. પાન કાર્ડ નવા / કરેક્શન
8. gst return filing (through C A)
9. આવકવેરા રીટર્ન
10. કાનૂની દસ્તાવેજો સુધારાઓ
11. મની લોન્ડરિંગ લાયસન્સ
12. આરોગ્ય લાઇસન્સ
13. વ્યાવસાયિક કર
14. નિકાસ આયાત લાઈસન્સ
15. ડ્રાઇવિંગ લાયસન્સ, નવીકરણ, આંતરરાષ્ટ્રીય
16. મિલકત, બેંક, સરનામાં ટ્રાન્સફર માટે અરજી
17. વેચાણ કરાર, વેચાણ ખત

અમદાવાદ મા કોઇ પણ પ્રકારના સરકારી કામ માટે મળો

સર્વિસ ટેક્સ સરકાર કાયદા મુજબ લાગુ પડશે.

અમે તમને ઘર બેઠા સર્વિસ પુરી આપીશુ

Office:

VERITAS THE TEAM

127,Sahajanand Park

Nr Swaminarayan Temple

Shahibaug Ahmedabad 380004

Ph: 079-40099917,9426497770

Mail :veritas.smeet@gmail.com

www.veritastheteam.com