Is CIBIL score the new horoscope? Girl's family cancel marriage over groom's poor score
credit score can become a red flag. A prospective groom was rejected by the bride’s family for having an unimpressive score in the CIBIL report. For those unfamiliar, a CIBIL score serves as a summary of an individual's credit history, encompassing details about loans, credit card usage, and repayment behavior, reflecting one’s financial responsibility.
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According to sources, the families of a prospective bride and groom had nearly finalized their wedding arrangements. Both sides had mutually agreed upon the alliance, and preparations were in full swing to formalize the marriage.
However, during a customary gathering between the two families, the bride’s uncle made an unexpected request to review the groom’s CIBIL score. Upon accessing the credit report, the bride’s relatives were taken aback to learn that the groom had accumulated multiple loans from various financial institutions.
An X user shared the news on the social media platform and wrote, «Stay away from loans until you cant repay them back. Same goes with credit cards; keep limited use of cards and don’t run behind rewards with unnecessary spends, which can be a big debt trap later on.»
What Does A Low CIBIL Score Indicate?
The report’s low rating raised concerns, as it typically signifies defaults, delayed payments, and overall financial instability.
The bride’s uncle expressed his apprehension, questioning how a man already
