login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
|

If a customer avails moratorium, then will it impact credit score?

mahindra-finance-author

by Mahindra Finance

|

June 23, 2023

|

1 mins read

No, it will not impact the credit score of the customer. As per the released regulation, the rescheduling of payments will not qualify as a default in customer’s credit bureau report.

Related articles

What Are The Foreclosure Charges On Business Loan?

Introduction Entrepreneurs often seek business loans to fuel their ventures, but sometimes circumstances change, and they wish to pay off their debt early. This process is known as foreclosure, where ...

KNOW MORE

July 23, 2024

Tips-to-reduce-the-principal-amount-of-your-home-loan

Tips To Reduce The Principal Amount Of Your Home Loan

Owning a home is a dream for many of us. However, repaying a home loan can be a long and daunting process. It’s essential to reduce the home loan principal amount as much as possible to save on ...

KNOW MORE

June 28, 2024

Understanding The Letter Of Credit: A Guide To Smooth International Trade

Introduction If you’ve ever wondered how businesses navigate the complexities of international trade and ensure secure transactions, then you’ve come to the right place. In this guide, we ...

KNOW MORE

April 22, 2024