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Is your Credit Score >750?
Get answers to commonly asked questions related to credit bureaus
Yes! It is possible now to get a free credit report. An individual can get one free credit report, including credit score once in a year from credit bureaus like CIBIL™, EQUIFAX, and Experian, as directed by the RBI. However, company like CreditMantri offers free credit score as well as a detailed credit analysis report which helps you make informed decisions and discover credit products that are best suited for you
If you wish to obtain a copy of your credit report, you can apply online on the website of any of the three bureaus. You will need to make a payment and provide ID proof. Sometimes, the format and language of the credit report might be too technical and may require some help with understanding and interpreting. If you wish to get your credit report together with an analysis to help you understand your credit situation, you could use CreditMantri's credit services.
The CIBIL™ score is a single number that forms a part of your credit report. It is a 3 digit number that ranges from 300-900 and gives potential lenders a quick idea of your credit-worthiness.
A credit report is a multi-page document that is a record of all your credit-related activity over a period of years. It has details of your payment behavior across all your loans and credit cards and gives lenders a detailed picture of your past and current credit behavior.
Delay in payments : Any delayed, partial or skipped payments will cause a negative effect on your score.
Exceeding credit limit : Using more than 50% of your credit limit can bring down your credit score.
Balance between secured and unsecured loans : Secured loans (home, gold auto loans) are loans that are provided against collateral such as a house, gold or vehicle. Unsecured loans are loans that are provided without any security, like a personal loan It is important to have a greater proportion of secured loans to prevent a negative impact on your score.
Applying for multiple loans and credit cards within short time frame: If you have too many loans or credit card applications without corresponding approvals, it will lead to a decrease in your credit score. Each rejection causes a drop in your score.
A CIBIL™ score is a three digit number between 300 and 900 that gives potential lenders a quick idea of your loan
Credit repair involves rebuilding your credit health to a level where you become eligible for loans.
A CIBIL™ Score is an indicator of an individual’s credit worthiness. It impacts the individual’s ability to borrow
A credit report is a history of your credit behaviour and contains detailed information on all your loan and credit
A credit rating - also known as a credit score - is a 3 digit number between 300-900 that gives potential lenders
A bad credit score is generally one that is less than 650. A credit score is a three digit number in the range of 300-900
Yes. In fact, a credit score of 850 is very good! Most lenders look for a minimum credit score of 750 to approve loans
There are several ways in which you can improve your credit score. Depending on how good or bad your score is,
Is 800 a good credit score? Yes. In fact, a credit score of 800 is very good! Only a small percentage of people reach,
Is it possible to obtain a free credit check or credit report? The answer is yes and no!
Your CIBIL™ Score plays an important role in getting loans and credit cards sanctioned, because it gives lenders
It is not possible for anyone, either lenders or borrowers, to get a CIBIL™ score or credit report for free.
It is important to know that there is no such thing as a CIBIL™ defaulter list. There used to be a defaulter list earlier,
There is really no number that can be established as the average credit score in India. Many people see regular
You can repair your credit absolutely free if you do it yourself! However, many people choose to get professional help
First, it is important to note that there is no ‘Defaulters List’ that is maintained or circulated by CIBIL™ or any of the other
Sourav and Ankit are watching the New York Marathon on TV and decide that they want to run a marathon.
In India, the best credit score to have is one that is 750 or above. The three credit rating agencies that operate in India
Is a credit score of 700 good? While it is not a very bad score, it is not good enough to automatically qualify
It is difficult to get a loan with a credit score of 650. Most banks look for a minimum score of 750 when deciding
It is not likely that you will get a loan with a credit score of 600. Most banks look for a minimum score of 750
It is difficult to get a loan with a credit score of 550. Most banks look for a minimum score of 750 when deciding
A poor CIBIL™ score can increase your financial problems and make it difficult to access credit, whether as a loan or credit.
One common worry that runs through your mind after you have made a credit card settlement is,
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