in-card Post your Answers

What are the things one should take care of to have a good CIBIL Score and also how to maintain it?

in-card Responses

To build a good score, the following must be done:

1. Get yourself a secured credit card and use it very wisely. 2. Make all the payments for your active credit in a timely manner. 3. Don't over-leverage - don't take too much credit. To maintain a good credit score you need to follow the few steps provided below: 1. If you avail any credit cards ensure that you do not have them in large numbers. Have a maximum of 2. 2. Ensure that your credit utilization is not very much. Avoid utilizing your credit card to the maximum limit. 3. Make payments for your dues on time and pay the full amount. Never pay only minimum balance. An intelligent approach will be to utilize your limit in smaller amounts so that you do not have a burden of running out of cash during repayment. 4. Try to restrict your non-mortgage loans such as credit cards or personal loans to a minimum. Otherwise, it depicts a poor credit history. 5. If you have mix of loans, especially, mortgage loan like home loan it reflects positively. 6. Try not to initiate enquiries until it is absolutely necessary. Too many loan enquiries can also be a factor for consideration. 6. Pay all your EMIs on time. 7. Check your CIBIL report at least once a year..

Check your Free Credit Score Online

As part of our efforts to make the end consumer services affordable and available at price points which are favourable to the customer, CreditMantri may receive fees / commissions from lenders.

CreditMantri ™ is a registered trademark of CreditMantri Finserve Private Limited. All Rights Reserved. Product name, logo, brands, and other trademarks featured or referred to within Credit Mantri are the property of their respective trademark holders.

CreditMantri was created to help you take charge of your credit health and help you make better borrowing decisions. We support customers with every kind of credit profile - those who are new to credit and have a minimal or nonexistent record; those who have a problematic history; and those who already enjoy a healthy profile. If you are looking for credit, we will make sure you find it, and ensure that it is the best possible match for you. How do we help you? We enable you to obtain your credit score instantly, online, real time. We get your Credit Score online and provide a free Credit Health Analysis of your CIBIL or Equifax report. Based on the analysis, we help you discover loans and credit cards best suited for your credit profile. We help you understand your Credit Profile, Credit Information Report (CIR) and know where you stand. We are a one-stop shop for all your credit needs. We make it easy for you to browse through and compare the various financial products on offer on the market; access our free and user-friendly online tools; and finally, enjoy a stress-free application process with quick approvals. We ensure that you have a better shot at getting an approval for a loan or credit card you apply since we match the lender’s criteria to your credit profile. We help you avoid loan rejection by carefully determining your eligibility and matching you with the right lender/product. We achieve this with a cutting edge combination of data science and technology that ensures that both lenders and borrowers have a transparent common platform to make their decisions. We treat your data with the utmost confidentiality and will never share or sell it to anyone. That is our CreditMantri guarantee. Our dedicated and best-in-class customer service will go the extra mile (or two) to support you on every step of your credit journey. Our 1 Million happy customers are our best testimonial.

CreditMantri is India’s No. 1 site for Credit Analysis and Free Credit Score Online. Let us help you take control of your credit goals and unlock the door to your financial freedom.