Lecture 70: History of Credit/CIBIL score and Credit bureaus, Difference in FICO and Vantage score.

[@sindhushb.1272]

Tq for putting this much effort and time to make us understand...

[@AnkushJain]

@@sindhushb.1272 thank you

[@PramodKumar-sb9mu]

Nice video

[@AnkushJain]

Thank you

[@jatinmevada5061]

Awsome videos, learned all unknown information 👍👍👍

[@AnkushJain]

Thank you 👍

[@prabhatkumar4349]

Very very informative thanks sir

[@AnkushJain]

Thank you

[@arnabganguly5634]

Sir as most of the credit information companies are using FICO model so report won't reflect loans taken less than 6 months ago. Does it not cause any problem for bsnks while ysking decision.

[@AnkushJain]

Couldn't get the point of loans more than 6 months.. i think all loans are reported in the report with us

[@ankitbajpai1969]

Plse make vdo on raroc ratio

[@AnkushJain]

Ok

[@hkhatnani8462]

Sir, how to check cibil of person in foreign or any entity registered in foreign ???

[@AnkushJain]

In this case no cibil is done but d & B report is taken

[@monukumar07]

Sir make a video on probe report and Perfios analysis.

[@AnkushJain]

Sure. Will do it

[@MONUKUMAR-xu7xg]

Hii, Thanks for this video. As told mostly 90% Scores are FICO model based. Is this Scoring Model applicable for both Consumer and Commercial CIBIL. 2. In the CIBIL report, How can we identify whether it is FICO based or Vantage model based, is it written anywhere in the CIBIL report.

[@AnkushJain]

Yes applicable for both. As mentioned in other comment i have not found info about what model is used by CIBIL. I have tried searching for it a lot

[@MDVaashir]

Watched

[@AnkushJain]

👍

[@raiaditya7518]

Sir i have a question tha If vanitage is created by collaboration of equifax, Experian and transunion cibil then they will definitely use this score algorithm for their credit report and as we know that they are these are the main market capturing bureaus and by this way vanitage should be more populary used score, but then why fico score is used around 90% ?

[@AnkushJain]

Cibil, Equifax etc. Are not famous as yet as compared to fico. We use them in India which is why we think that they are the biggest platform. Actually fico is the oldest available system and therefore they have high market captured

[@umeshjoshi7523]

Sir , i have a query regarding operating profit. Sir we say operating profit is PBIT. But in CMA format, it is mentioned as operating profit before interest and operating profit after interest, This is creating confusion. Will be highly obliged if you could guide me on this?

[@AnkushJain]

kzbin.info/www/bejne/q6emooCHp617fNE Focus on this concept only. Forget others and treat them as formats only which change from company to company

[@manivenkatesan]

Sir, Please make a video in English language. It would be very helpful for south people also. At least, please try to put a subtitles in your videos

[@AnkushJain]

Making English subtitles is costly job. A lot of cost involved to pay the professional which is why I chose only Hindi language which is understood by most in India

[@MONUKUMAR-xu7xg]

I think CIBIL Score range is 0 to 900 and not 300-850, Please check. May be 0 to 900 Score would be under Vantage Score Model.

[@AnkushJain]

Pl know that FICO is independent scoring company who provide score ranging from 300-850 but it also has proprietory rights over its mathematical algorithm which can be given to other agencies like cibil for its use in consideration of royalty/money. This the two are different. However I have tried searching a lot as to what scoring model is used by CIBIL but I am not able to find such info anywhere

[@muktarshaikh9655]

Sir mere cibil me fraud company ne Impact kiya hai kaha complian karu Police me kiya cyber me kiya wo bole tumne liya nahi mat bharo but wo mere kuch me show karra so impacting my cibil sir Fraud app dhnai App and Mobikwick

[@AnkushJain]

Why don't you contact the company?