By : M.S.Yatnatti Editor and Video Journalist Bengaluru :Reportedly If you have ever defaulted on a credit card payment or had an extension on your student loan, watch out! Your credit history could impact decisions -right from buying an iPhone6 to landing a new job. This is because credit bureau CIBIL has tied-up with e-commerce players and employee-screening firms to share data on consumers and potential job candidates.The market rate for freelancers depends on the specific industry. Freelance writers for instance will calculate their hourly rates based on words typed per hour.To get a better understanding of your industry wage, you can check out theby GoogalingFreelance Income Reports 2016 on internet . It is reported that few market research reportsrecently surveyed over 23,000 freelancers from numerous industries to determine average hourly wages. While the worldwide average hourly rate charged by freelancers is $21, the rate per industry varies heavily. Freelance web designers earn an average hourly wage of $23 per hour, for example, while language translators earn approximately $17 per hour. It roughly translates Indian rupees 1500/- per hour .Competitors' rates shouldn't necessarily dictate your own; however, understanding the average hourly rates of other freelancers with similar skills, education and experience will ensure that you aren't pricing yourself out of your market (either by charging too much, or too little).Freelancing opportunities are growing rapidly across many industries. Finding work is perhaps single most the toughest part for a freelancer. He has to knock on many doors and spend time, money and energy trying to get work. You can grab freelancing assignments not only in your city or in India but literally in any corner of the world. According to one report , every third user of Freelancer.com is from India.The US-based website helps freelancers get assignments and takes a cut when the deal is done . It's a trend that is slowly catching on. A growing number of professionals is junking regular employment to try their hands at freelancing. They are driven by the dream to be independent and work on theirown terms without the straitjacket of a 9-to-5 job. To be fair, freelancing does unshackle the individual from the tyranny of corporate hierarchy. The jobs are everywhere. What you need to do is find the niche that matches your expertise. "Don't go by just the current demand, but also assess how it will shape up in the coming years.It pays to keep yourself abreast of the latest developments in your chosen field. The websites giving freelancing jobs need to be properly researched .