Credit Sudhaar and Credit Information Bureau Ltd (CIBIL) have tied up to form a collaboration which allows the former to provide credit advisory services to customers.
It should be noted that Credit Sudhaar is a credit report improvement firm and CIBIL is the country's first credit information provider to banks and financial institutions engaged in the business of retail lending.
Announcing the tie up, he co-founder of Credit Sudhaar, Mr. Arun Ramamurthy said, "We are happy to enter into a tie-up with CIBIL. It will help us in not only reaching out to a wider audience base but also in targeting those individuals who have a low credit score and are seeking credit health improvement services, directly."
Further, the company issued a statement which said with the tie up in place, the firm will start imparting credit advisory services to those individuals who have low credit scores and due to which they may not be getting any loans from banks and financial institutions.