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India's credit self-monitoring grows by 51%: TransUnion CIBIL report
Update / Judgement Date
29 Aug 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
According to a TransUnion CIBIL report, India has seen a 51% increase in credit self-monitoring activities. The rise in self-monitoring indicates growing awareness among consumers about their credit scores and financial health. The report highlights that more individuals are proactively checking their credit reports to manage their finances better and improve their creditworthiness. This trend reflects a broader shift towards financial literacy and responsible credit management among Indian consumers.