While CIBIL has become synonymous with credit score, fact is there are other credit information companies that provide credit scores as well as credit reports to individuals.

There are four credit information companies in India, according to portal paisabazaar.com. These are:

1. Experian:

Experian is a commercial financial company which is jointly operated by a number of companies such as GUS Holdings BV(Netherlands), Union Bank of India (UBI), Axis Bank Limited, Indian Bank, Federal Bank Limited, Punjab National Bank (PNB), Sundaram Finance Limited, Magna Fincorp Limited, and VIC Enterprises Private Limited.

It was the first company to receive license under the new Credit Information Companies (Regulation) Act (CICRA) 2005 in 2010.

Experian’s credit score ranges from 330 to 830.

2. CRIF High Mark

CRIF High Mark or High Mark Credit Information Services is another popular Indian credit bureau. The Mumbai-based company was founded in 2005. Other than offering credit reports to individuals, the company also helps lenders and other concerned financial entities to gauge individuals’ as well as organisations’ risk profile before approving their loans.

3. Equifax

Founded in Atlanta, USA, Equifax is one of America’s largest credit agencies. The company was registered in India as Credit Information Company (CIC) in 2010. Equifax not only provides credit information for individuals but also for SME as well as big organisations.

4. TransUnion CIBIL

Amongst the most popular credit information companies (CICs) in India, CIBIL was India’s first CIC. Formerly known as Credit Information Bureau (India) Limited and hence, CIBIL, the company has a strong and wide member base of over 950 entities including non-banking financial organizations, both private and public sector banks, house-finance companies, and other financial institutions.

CIBIL score ranges from 300 to 900.