The major consumer credit bureaus in India are CIBIL and Equifax whose work is to collect and combine your personal information and financial data from a variety of sources called data furnishers with which the bureaus work in close coordination. These data furnishers fraternity basically consists of creditors, lenders and utilities, debt collection agencies that you have had a relationship or experience with. They in turn report their payment experience with the consumer to the credit bureaus and see where you stand in terms of credit points then you will also able for getting home loan or any type loan.
Now you have a broad idea about how the credit system works. There are many influential factors that play a big role in ensuring that your credit health is fit and fine. So to avoid any untoward situation you will have to see that all your finances are in place. To help you do that, there are a lot of credit improvement agencies that literally holds your hands and guides you to financial security on a long term basis. They have credit specialists who will see to it that your name does not feature on the Cibil defaulter list.