How to Check Credit Score: A three-digit number typically between 300 and 850, which are designed to represent your creditworthiness, is called a Credit score. In general, a better credit score represents a better likelihood of responsible financial habits. Credit scores are one among many factors employed by lenders when determining your likelihood of return a loan. Credit scores are calculated using the content of your credit report. Each of the three nationwide credit bureaus uses a rather different method of determining your score.
Steps to check the credit score:
* Open the chrome and visit the official site of TransUnion CIBIL at https://www.cibil.com/freecibilscore.
* Right Under the ‘Personal’ Tab, click on the ‘Get Yours Now’ button on the home page for a free CIBIL score. You can get a detailed report when you click on ‘Get Your CIBIL Score’ after paying certain charges applicable.
* Consider that you simply have opted for a free CIBIL score. You will be redirected to a page that prompts you to enter your personal information to check-in within the initiative. The next step in signing up is to verify your identity with an identity proof document which is a government-issued.
* If you already have an account, you can sign in to your account.
* Your credit score is going to be sent to you via the e-mail address you’ve got provided while signing up.
Skills to improve CIBIL Score
Having a poor credit score isn’t the top of the planet. You can improve your score by doing the following, keeping in mind that it will take at least six months to see a significant change :
* Avail of your recent credit report
* Never postpone payments
* Have a diverse credit-folio
* Don’t have unused credit cards
* Smart handling of debts
* No maxing out the credit
* Not prolonging tenures
By following the steps you can check your Credit score for free and keep an update on your credit score.