Why is there a big difference in CIBIL vs CRIF score?

Just wondering why is there such a big difference in my CIBIL and CRIF scrore?
My CIBIL score is 796 where as CRIF is 825
Is this how they work? Which one is more accurate or my credit worthiness?
 
Just wondering why is there such a big difference in my CIBIL and CRIF scrore?
My CIBIL score is 796 where as CRIF is 825
Is this how they work? Which one is more accurate or my credit worthiness?
Both of these use different scales to measure, and each value matters the same. It's like comparing the temperature measured in Celsius versus the temperature measured in Fahrenheit.
 

rarerabit

KF Rookie
Both of these use different scales to measure, and each value matters the same. It's like comparing the temperature measured in Celsius versus the temperature measured in Fahrenheit.
Celsius vs Fahrenheit is a bad example, because their ranges are not same. Different credit agencies give different weightage points to the attributes like credit history, credit enquiries etc hence the difference.
 

ShavirB

Founder
Staff member
Just wondering why is there such a big difference in my CIBIL and CRIF scrore?
My CIBIL score is 796 where as CRIF is 825
Is this how they work? Which one is more accurate or my credit worthiness?
Both CRIF and CIBIL have a different formula for calculating Credit Score. The major difference is in the weightage of different parameters

CRIF usually gives more weightage to the length of credit history and credit type. While CIBIL gives higher weightage to recent credit activity and credit inquiries. This is why CIBIL Score is generally accepted as more recent and reliable representation of our CREDIT Score.
 
Both CRIF and CIBIL have a different formula for calculating Credit Score. The major difference is in the weightage of different parameters

CRIF usually gives more weightage to the length of credit history and credit type. While CIBIL gives higher weightage to recent credit activity and credit inquiries. This is why CIBIL Score is generally accepted as more recent and reliable representation of our CREDIT Score.
Wow!! That’s really a deep insight. Thanks bro!
 
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