Login and post your query under Need Help section
All written queries will be responded within 1 working day.
We'd love to help you through every step along the way.
CreditMantri Finserve Private Limited
4th Floor Sudhama, 36 Vijayaraghava Road,T Nagar, Chennai, Tamil Nadu 600017
Get Your FREE Credit Score with monthly updates in less than 1 Minute
Post your credit related queries and find answers from our experts
To build a credit score without spending much money, you first need to get a credit card.
Responded by:Responded on25th May 2015
Utilize it to less than 20% of the credit limit every month and pay it back within the due date. Call the bank every 6-12 months asking them to increase your credit limit. Keep on repeating it. Do not ever close that account.
To build your credit score you don't need any debt, you just need a regular payment history, regular low balances on your credit card and length of credit history. Later on, when you avail of different kinds of loans like a car or a home loan, they will help in improving your credit. But to start you need at least 1 credit card, because the credit score is based mostly on this credit card.
Get Low EMI Loans and Lifetime Free Credit Cards
Reduce cost of your current EMI
Checking your Credit Score doesn’t reduce it
CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.