High Mark Credit Information Services
Encyclopedia
High Mark Credit Information Services is credit information company based in Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...

. It keep a record of defaults and frauds that help banks and credit card companies to analyse the risk profile of individuals before extending credit. It collect information such as loan repayment history and bill payment habits of borrowers for the use of credit providers such as banks. A centralised agency that keeps a record of defaults and frauds will help banks and credit card companies analyse the risk profile of individuals before extending credit. This also keeps non-performing loans in check.
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