Cibil to include mobile bill payment history to check credit worthiness - Economic Times
Default on your mobile bill and you may soon become ineligible for a home loan or a car loan. Non-payment of telephone bills will also rule out the possibilities of getting a new credit card or even another mobile number.
Cibil, the country's credit information bureau, which tracks credit history of consumers, is taking steps to include mobile and telephone bill payment history to calculate the credit worthiness of an individual. It has already launched a pilot initiative with Vodafone's post-paid customers and is in talks with the country's largest telco by customers, Bharti Airtel, for a similar project.
It is also learnt to have approached other leading telcos for tie-ups. "Our aim is to eventually link the telecom utility payment history to the banking and financial records of customers and make it available as a Cibil record to banks and other financial institutions," Cibil managing director Arun Thukral said.