Cibil to now help borrowers get the best loan

TransUnion Cibil is now helping borrowers get the best loan available based on their credit scores and history, in possible competition with online retail loan aggregators or marketplaces.  

The oldest credit information company in the country has started Cibil Marketplace, which is a formal way of helping individual consumers secure loans, said Hrushikesh Mehta, vice president and head, Direct to Consumer Interactive at TransUnion Cibil. 

Banks will pay fees to Cibil, while customers need not pay any charges. 

So far, Cibil has tied up with 13 banks to offer retail loans like personal loans, credit cards, loan against property, home loans and