INCOME TAX9 Sept 2026
Should you pay to fix your falling credit score? | Mint
More borrowers are missing EMIs and seeing credit scores fall, especially those with multiple unsecured loans. The RBI has flagged rising stress in such loans and fintech small-ticket delinquencies. Paid services like BankBazaar, GoodScore and OneScore explain what caused the drop and what to fix first. Plans cost about ₹99 a month; credit bureaus also sell similar subscriptions.
Key Statutory Highlights
- The RBI has flagged rising stress among borrowers with unsecured loans from multiple lenders and rising delinquencies in fintech small-ticket loans.
- Paid plans from platforms like GoodScore and BankBazaar cost about ₹99 a month and offer step-by-step advice on improving a credit score.
- Many first-time borrowers who used buy-now-pay-later now have scores below 650 and struggle to access credit.
Actionable Advice for Taxpayers / Founders:Before paying, get your free credit report and try to spot the main problem yourself; if you still need guidance, a paid service around ₹99 a month may help you decide which payment to fix first.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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