You can check your Credit score by both procedures online as well offline. All you need to do is send a request to the credit agency by filling up online request form. You have three agencies like CIBIL, Equifax, and Experian with the help of them can check the details. In a case find any mistake then drop an email to correct it otherwise, it will damage your credit points.
Do you have a PAN card, then it is simple for you to check score and calculate as per agency. You just need to open the official link, add your personal and other required information which is related to contact, mobile number, and registered email ID. They can ask some questions, regarding your previous loan or credit cards dues if any.
The same procedure is with CIBIL own link, where you can add all the information and answer their question correctly then they verified shared details. They can drop an email in your inbox within a day after confirming all the information.
As you can see the online process is comfortable and trouble free, no queues, no fighting nothing just visit the link and paste all details correctly, and you can get own credit score within a day. It could help you to get your score and chance to improve it before can apply for any loan application.
What Is The Best CIBIL Score To Get A Credit Card?
When you can check your credit score online, that time can also see ranges which define every point. Mainly, CIBIL has decided the range which is starts, from 300 to 900 and, it explains each ranges importance.
Firstly, can take less than 300 is rejected one and this score tells that you are in big trouble. Next is 300 to 450 which you can consider, not bad as compared to first but, it is a warning and not a single financial company will give you a loan or credit card. Then 450 to 650 range, which you can have a loan or credit card but with less credit limit. Now your range is increasing, 650 to 750, 750 is in a good sign for a loan and credit card holder but not negotiate with a competitive rate. From 750 to 900 means you are a responsible person and know the importance of credit card. You can pay bills on-time, repayment is clear, credit history with no defaulter. The banks can approve your loan or credit card application without a second thought.
How Can CIBIL Score Be Improved And Save From Defaulter List?
If you want to save yourself from defaulter list, then start following few things which you can be considered simple things. You need to be punctual for your repayments, bills, dues and outstanding amounts. Through this can develop your score time to time. Your monthly on-time payment can change your credit score very soon.
Always remember that the less you can use your credit card, the more rewards can give by banks. If a bank provides a credit card with an appropriate limit, it means to use within a control. The fact is, lenders, always advise individual’s you can use it less credit card shows handling the power of financial situations.
After your credit card usage ability can also monitor your credit card. It means you can check your credit expenses, are you exceeding your limit or not? If you are frequently, check your credit score online, then it is a good sign and shows your responsible behavior for credit score. With the help of this can found your mistake, if anything captured by wrongly.
Don’t say YES to becoming loan guarantor, you can control your expenses, spending habits, usage of cards, but one mistake from other person can damage your CIBIL score. That’s why always say to NO for a guarantor.
Shubhi Gupta is a professional writer, blogger who writes for a variety of online publications. She is also an acclaimed blogger outreach expert and content marketer. She loves writing blogs and promoting websites related to education, fashion, travel, health and technology sectors.